Twitter Stock News

Cathie Wood -led Ark Investment Management on Thursday further lowered its exposure in Twitter Inc (NYSE: TWTR ) on the day shares of the microblogging company fell after it reported lower-than-expected fourth-quarter earnings. Ark Invest sold 73,183 shares — estimated to be worth $2.71 million — in the San Francisco, California-based company. Twitter stock closed 1.98% lower at $37.08 a share on Thursday. The stock has been under pressure lately and is down 19% since Nov. 29 when Parag Agarwal was named CEO after … Full story available on Benzinga.com

/PRNewswire/ -- Twitter, Inc. ("Twitter" or the "Company") (NYSE: TWTR) today announced it has entered into accelerated share repurchase agreements (ASRs) with…

This article was originally published on TipRanks.com Twitter (TWTR) delivered fourth-quarter results that fell short of Wall Street expectations. The post Twitter Q4 Earnings and Revenue Miss Estimates; Issues Guidance appeared first on Smarter Analyst .

On Thursday, Twitter disclosed lower-than-expected quarterly advertising income and user growth, as well as revenue forecasts that fell short of Wall Street expectations, signaling that the company’s recovery plan has yet to bear fruit. Despite this, the social networking site said it has achieved “significant progress” toward its goal of 315 million users and $7.5 billion in annual revenue by the end of 2023, and that user growth in the US and worldwide should accelerate this year. After the news, shares of the San Francisco-based corporation soared more than 8%, but those gains were quickly erased in morning trading. To break out of a protracted period of stagnation and attract new users and advertisers, Twitter has been working on large projects such as audio chat rooms and newsletters. However, the quarterly results cast doubt on Twitter’s strategy, as analysts had anticipated faster evidence of growth. According to IBES data from Refinitiv, monetizable daily active users, or users who view advertising, increased 13% to 217 million in the fourth quarter ended Dec. 31, missing average projections of 218.5 million.

TWTR earnings call for the period ending December 31, 2021.

Twitter reported weaker-than-expected quarterly advertising revenue and user growth on Thursday and forecast revenue short of Wall Street targets, indicating that its turnaround plan has yet to bear fruit.

LOS ANGELES, Feb. 10, 2022 /PRNewswire-HISPANIC PR WIRE/ -- OpenNode, an industry-leading bitcoin payment processor and infrastructure provider, announces the close of an oversubscribed $20M Series A raise at a $220M valuation led by UK-based firm Kingsway and with additional investment…

A bipartisan Senate proposal to make tech platforms like Facebook and Twitter aggressively fight child sexual exploitation online cleared a key Senate hurdle on Thursday, but privacy advocates remain a major obstacle. The Senate Judiciary Committee advanced the bipartisan bill for final consideration in the Senate by voice vote despite …

Change at the top did not hurt the top line at Twitter, as the company reported total revenue of $1.57 billion in the fourth quarter of 2021, up 22% from the same period in 2020, and $5.08 billion for the full year, up 37% from the 2020 total. While Twitter did not experience the sort…

The company added 6 million new users in the fourth quarter, bringing average daily active users to 217 million

The social media platform''s disappointing results are the first since Jack Dorsey stepped down as chief executive - and come after Facebook''s sub-par performance sent owner Meta''s shares into freefall last week.

TWTR and UBER give up early earnings-inspired gains. Meanwhile, rivals PEP and KO moved in opposite directions following their quarterly results.

Jack Dorsey. MARCO BELLO/AFP via Getty Images Newly minted Twitter CEO Parag Agrawal wants to harness Web3 to benefit consumers. That comes in contrast to the former Twitter…

Parag Agrawal said on his first earnings call as CEO that he wants to harness Web3 to benefit Twitter users.