Twitter Inc Earnings, Revenue Miss in Q3

Investing.com – Twitter Inc (NYSE:) reported third quarter that missed analysts’ expectations on Thursday and revenue that fell short of forecasts.

The firm reported earnings per share of $0.17 on revenue of $823.7M. Analysts polled by Investing.com expected EPS of $0.2 on revenue of $873.63M. That compared to EPS of $0.21 on revenue of $758M in the same period a year earlier. The company had reported EPS of $0.2 on revenue of $841M in the previous quarter.

Twitter Inc follows other major Technology sector earnings this month

On Wednesday, Microsoft reported first quarter EPS of $1.38 on revenue of $33.06B, compared to forecasts of EPS of $1.24 on revenue of $32.14B.

Taiwan Semiconductor earnings beat analysts’ expectations on October 17, with third quarter EPS of $0.64 on revenue of $9.58B. Investing.com analysts expected EPS of $0.61 on revenue of $9.25B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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