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Twitter Financial Results for April to June 2021

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Have you ever heard of Twitter (ticker symbol: TWTR), a U.S. stock?

It is an Internet company that operates the social networking site Twitter.

In this article, I will introduce the company’s financial results for the period from April to June 2021, which were announced on July 23, 2021.

Financial Results for April to June 2021

EPS is 20¢ vs. 7¢ expected.

Net sales were $1.19 billion, compared to the forecast of $1.06 billion.

Sales growth was 74.2% YoY.

Ad sales were $1.05 billion, up 87% from the same period last year.

U.S. ad sales were $562 million, up 98% from the same period last year.

International advertising sales were $491 million, up 76% from the same period last year.

Operating cash flow was $382 million. Cash flow from operations was $382 million, compared to $201 million in the same period last year.

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