Tuesday 26 July 2016

Twitter dives after mixed Q2: $602M sales, $0.13 EPS, MAUs up 3% 313M

twitter-analytics1 Twitter today reported Q2 earnings, and the woe that is its poor user growth continues, with its 313 million monthly active users up just 3% on a year ago, and up less than 1% on its previous quarter. The company reported revenues of $602 million with adjusted earnings per share of $0.13. While revenues are up 20% on a year ago, the numbers were a miss on sales and a beat on EPS: analysts… Read More

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