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-   -   Trump's antics didn't help Twitter bring in more revenue (https://hameed.nwar.uk/vb/showthread.php?t=2238022)

rss 02-09-2017 03:52 PM

Trump's antics didn't help Twitter bring in more revenue
 
Trump's antics didn't help Twitter bring in more revenue
http://i.amz.mshcdn.com/0-MjsWydscEE...e7c4be287c.pnghttp://a.amz.mshcdn.com/assets/feed-...50839a8e00.jpghttp://a.amz.mshcdn.com/assets/feed-...32c6f24ba1.jpg
Twitter isn't having a good moment.*

The microblogging site turned live video app brought in $717 million this past quarter, quite overwhelmingly missing analysts' expectations of $740.1 million. The poor financial results come amid a popular time for Twitter to mainstream American consumers, with President Donald Trump taking to the platform daily to share "fake news" updates.*

It also comes amid a turnaround plan to curb abuse on the network and bring in more money and user attention through live video deals.*

The low revenue is **t good news for Twitter, which has had a contentious relationship with Wall Street due to stagnant user growth and an inability to turn a profit. The stock fell more than 9 percent in early morning trading. Meanwhile, its similarly aged foe Facebook pulled in $8.8 billion in revenue over the same quarter, sending the stock to new heights.* Read more...

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