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https://i-invdn-com.akamaized.net/news/LYNXNPEC4Q07A_M.jpgTwitter Inc announced earnings per share of $0.38 on revenue of $1.29B. Analysts polled by Investing.com anticipated EPS of $0.2926 on revenue of $1.18B.
Twitter Inc shares are up 10% from the beginning of the year, still down 1.35% from its 52 week high of $60.72 set on February 9. They are outperforming the S&P 500 which is up 4.17% from the start of the year.
Twitter Inc shares lost 0.67% in after-hours trade following the report.
Twitter Inc’s report follows an earnings beat by Apple on January 27, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.
Microsoft had beat expectations on January 26 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar