Posts Tagged ‘Twitter stock’

Twitter stock leaves investors disappointed in first quarter

Twitter

Newscast Media NEW YORK—While beating earnings and revenue expectations in its
first quarterly results as a public company, Twitter has left investors disappointed.
The stock dipped 11 percent after it reported its slowest pace of user growth.

Twitter Inc. posted a better-than-expected fourth quarter revenue on Wednesday in
its first results since its flotation on the New York stock exchange three months ago.
Revenue doubled to $243 million from $112 million a year earlier. According to Factset,
analysts had expected revenue of $218.1 million.

Its net loss of $511 million, or $1.41 per share, in the October-December period was
also lower than the 2 cents per share predicted. CONTINUE TO FULL ARTICLE>>

http://www.newscastmedia.com/twitter.htm

         

Be the first to comment - What do you think?  Posted by Joseph Earnest - February 6, 2014 at 6:42 am

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