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-   -   Twitter claims to be the best but investors aren't seeing results (https://hameed.nwar.uk/vb/showthread.php?t=2026655)

rss 07-27-2016 02:41 AM

Twitter claims to be the best but investors aren't seeing results
 
Twitter claims to be the best but investors aren't seeing results
http://i.amz.mshcdn.com/NdVvK1iFCp_7...2Fjcklking.jpghttp://a.amz.mshcdn.com/assets/feed-...50839a8e00.jpghttp://a.amz.mshcdn.com/assets/feed-...32c6f24ba1.jpg
Twitter has become a new host for live video, and simultaneously more of the world is cozying up to the tiny screen.*

Still, Twitter's worst enemy, Wall Street, is **t impressed.

The microblogging site reported an additional 3 million monthly active users, a 3 percent change year-over-year that increased its base to 313 million, in its second-quarter earnings report Tuesday.

That bump was 1 million more than Wall Street expected, and yet shares of Twitter dropped by more than 10 percent in after-hours trading.*

The San Francisco company didn't do itself any favors by missing just about all of Wall Street's financial expectations. The company reported revenue of $602 million, a 20 percent increase year-over-year but still below what was widely predicted. Read more...

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http://feeds.feedburner.com/~r/Mashable/~4/2sUdyBi4Qak


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