Tuesday, July 26, 2016

Twitter Loss Narrows, But Stock Down 10% On Weak Outlook

Micro-blogging site Twitter Inc. (TWTR), Tuesday reported a smaller loss for the second quarter, as revenues climbed 20 percent reflecting growth in its advertising business despite a continued poor growth in number of users. Adjusted earnings for the quarter trumped Wall Street expectations, while revenues fell short of estimates.

from RTT - Earnings http://ift.tt/2arZ8Sd
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