Twitter Stock Plunges Up To 20% After Missing On Earnings

it faced “a number of headwinds” with its revenue for the rest of the year, including product issues and weaker-than-expected advertising business.

The social networking site missed top- and bottom-line estimates, reporting profit of just 17 cents per share, compared with the 20 cents expected. For the first time since late 2016, Twitter’s revenue didn’t surpass guidance expectations: Although it grew 9% year-over-year, revenue was reported at just over $823 million—a steep miss from the $874 million expected by Wall Street.

Quarterly advertising revenues took a hit from weak volumes in July and August, coming in at $702 million—Despite missing out elsewhere, Twitter did continue to steadily grow in a key metric—its monetizable daily user base, which rose to 145 million from 139 million last quarter.“Despite its challenges, this quarter validates our strategy of investing to drive long-term growth,” Twitter CFO Ned SegalTwitter shares were up 35% for the year before the company missed earnings expectations.

skleb1234 Break up big Technology

skleb1234 🤣🤣🤣 hope it crashes to the floor. I'd love to see dorkey porkey with a begging Bowl in his hands.

skleb1234 Plunges up? Or down?

skleb1234 Twitter needs a pro subscription ad-free model. Add a higher pro+ dating version. 1.99 for adfree/month 3.99 dating.

skleb1234 interesting 😆🏒®®🏴‍☠️

skleb1234 Another one twitter drop, nothing new

skleb1234 Damn.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Twitter Stock Plunges Up To 20% After Missing On EarningsTwitter shares took a hit from weak third quarter earnings. Give us the edit button and kick tRUMP and the racist and trolls off of here then we can talk. The skills I picked up over the years helped me avoid this crash in $TWTR, after I tripled-up from the $15.00 price tag back in 2016.
출처: Forbes - 🏆 394. / 53 더 많은 것을 읽으십시오 »

Twitter Grows Daily Active Users to 145 Million, Stock Tanks on Earnings ShortfallThe social media company, led by CEO Jack Dorsey, reported third-quarter earnings, with financials missing Wall Street expectations.
출처: THR - 🏆 411. / 53 더 많은 것을 읽으십시오 »

Twitter blames ad targeting issues for earnings miss, sending stock down 20%The company warned shareholders that advertising headwinds will continue through the rest of the year and could 'bleed over' into 2020. that and people are pissed about the censorship algos... Neoavatara PolitiBunny Couldn't possibly be the censorship...
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Twitter stock tumbles 20% after company says advertising bugs weighing on earningsTwitter Inc. shares were tanking in premarket trading Thursday after bugs in the company’s ad platform led to misses across the board on its financial... I like Twitter Twitter still hasnt come clean about how many bots there really are. The self reported number is way lower than it really is.
출처: MarketWatch - 🏆 3. / 97 더 많은 것을 읽으십시오 »