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Sunday, August 9, 2020

Archive for the 'Twitter Stock Update' Category

‘Twitter Tops 250 Million Users, But Stock Tanks 10%’ – ‘Mashable’

The latest post on ‘Mashable’ is titled “Twitter Tops 250 Million Users, But Stock Tanks 10%”.Seth Fiegerman says, “Twitter beat earnings and revenue estimates for the first quarter, but the stock plummeted to a new low in after hours trading as user numbers came in at the low end of Wall Street expectations.Twitter reported breaking even on an earnings per share basis on revenue of $250 million for the March quarter, compared to Wall Street estimates for a net loss of $0.03 per share on revenue of $241.5 million. That represents a solid 119% increase from the $114 million... [...]

‘Investors Are Worried About Twitter’s Stagnant User Growth’ – ‘Mashable’

The latest post on ‘Mashable’ is titled “Investors Are Worried About Twitter’s Stagnant User Growth”.Kurt Wagner says, “One million.That’s how many new Americans signed up for Twitter in the past three months, a number that failed to inspire investor confidence in a social network with a nagging history of growth issues.Twitter announced the number on Wednesday at its first earnings call since going public. There’s no denying this growth is small, and its stagnant U.S. user base was coupled with relatively weak international growth — just 8 million new... [...]