Investing.com - Twitter Inc (NYSE:TWTR) reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Twitter Inc announced earnings per share of $-0.54 on revenue of $1.28B. Analysts polled by Investing.com anticipated EPS of $0.1713 on revenue of $1.29B.
Twitter Inc shares are up 58% from the beginning of the year and are trading at $61.64 , down-from-52-week-high.They are outperforming the Nasdaq 100 which is up 20.73% from the start of the year.
Twitter Inc shares gained 0.33% in after-hours trade the report.
Twitter Inc follows other major Technology sector earnings this month
Twitter Inc's report follows an earnings beat by Alphabet C on Tuesday, who reported EPS of $27.99 on revenue of $65.12B, compared to forecasts EPS of $23.84 on revenue of $63.47B.
Facebook had beat expectations on Monday with third quarter EPS of $3.22 on revenue of $29.01B, compared to forecast for EPS of $3.19 on revenue of $29.58B.
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