Twitter (TWTR) Misses Q2 EPS by $1.39

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Go back to Twitter (TWTR) Misses Q2 EPS by $1.39

Twitter Announces Second Quarter 2020 Results

July 23, 2020 7:00 AM EDT

SAN FRANCISCO, July 23, 2020 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced financial results for its second quarter 2020.

"Our product work is paying off, with tremendous growth in audience and engagement. We grew mDAU to 186 million, a 34% year over year increase in Q2, the highest quarterly year-over-year growth rate we've delivered since we began reporting mDAU growth," said Jack Dorsey, Twitter's CEO. "I also want to address the security issue Twitter suffered last week. We moved quickly to address what happened, and have taken additional steps to improve resiliency against targeted social... More