Twitter shares soar after reporting strong user numbers and miss on earnings

for its fourth quarter of 2019 Thursday that missed analyst estimates for earnings per share but beat revenue and active user expectations.Earnings per share:$1.01 billion vs. $996.7 million expected, according to Refinitv147.5 million total expected, according to FactSet and StreetAccount

Twitter said it expects stock-based compensation expenses for fiscal year 2020 to fall between $425 million and $475 million and capital expenditures to fall between $775 million and $825 million. The company plans to build a new data center and grow headcount by 20% during the year, which would be about 960 employees on top of the 4,800 it said it employed by the end of 2019.

Twitter said the issues around its ad targeting and measurement resulted in a dip of at least four points in year-over-year growth in total global revenue in Q4, which it said was in line with its previous outlook. Twitter said total ad engagements grew 29% in the quarter driven by improved clickthrough rates and increased impressions due to audience growth. Cost per engagement fell 13% due in part to a shift to video ad formats, which Twitter said have lower CPEs.

Then remove the bully-in-chief

Didn’t twitter just ban JamesOKeefeIII ? Banned him for being a reporter that reported actually reality?

why is the cnbc guy saying you can't improve people? you can help people improve themselves, can't you?

Banning everyone they disagree with 'improves the health of the conversation'?

trump is still on it so not that much

Decentralization is not a thing of the future, it’s happening. However, on this scale, I’m keen to see how it will work

They banned zerohedge because of a news report on the doctors in China and the coronavirus

If wasnt for twitter wouldnt able pretend was being heard delusional theory chronicle tooling feeling actual value society truth hurts staring at wall drunk alone broke broken no real means nor provide better quailty of life reality match I would like sincerely jack thanks

They've done a great job, unlike Facebook with their infantile CEO. Give credit where credit is due.

Curious if Twitter actually employes a team to determine what healthy conversation is. If so, how they do so? transparency publicforum freespeech implications.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jobless claims, Uber earnings, Twitter also reports: 3 things to watch for ThursdayInvestors will monitor earnings reports from Uber and Twitter, as well as the latest weekly jobless claims number.
Source: CNBC - 🏆 12. / 72 Read more »

Twitter is set to report fourth-quarter earnings before the bellTwitter will likely address several headwinds it faced in the previous quarter around its advertising product. I wish they’d stop banning everyone that has interesting opinions. That’d be cool. I hope they miss earnings. Can you please add the much asked for and needed, edit feature
Source: CNBC - 🏆 12. / 72 Read more »

Jeff Bezos dumped $1.8 billion in Amazon stock after its share price skyrocketed - Business InsiderAmazon shares saw a huge spike last week after the company's triumphant 2019 earnings report, increasing Bezos' personal wealth by $13.5 billion. Needed some walking around money I guess. He is a divorced man who need cash . That's how you turn shares into cash...
Source: BusinessInsider - 🏆 729. / 51 Read more »