Twitter Inc Earnings, Revenue Miss in Q2

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Twitter Inc announced earnings per share of $-0.16 on revenue of $683.4M. Analysts polled by Investing.com anticipated EPS of $0 on revenue of $700.23M.

Twitter Inc shares are up 15% from the beginning of the year , still down 19.43% from its 52 week high of $45.85 set on September 9, 2019. They are outperforming the S&P 500 which is up 1.4% from the start of the year.

Twitter Inc’s report follows an earnings beat by Microsoft on Wednesday, who reported EPS of $1.46 on revenue of $38.03B, compared to forecasts EPS of $1.38 on revenue of $36.43B.

Taiwan Semiconductor had beat expectations on July 15 with second quarter EPS of $0.79 on revenue of $10.55B, compared to forecast for EPS of $0.72 on revenue of $10.38B.

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