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posted by
cmn32480
on Thursday October 29 2015, @09:09AM
from the 140-characters-should-be-enough-for-anybody dept.
from the 140-characters-should-be-enough-for-anybody dept.
Twitter reported a rise in revenue for the three months to September but the pace of growth in active users was the slowest since it joined the stock market in 2013.
Twitter had 320 million average active monthly users, up from 316 million the previous quarter, below investor hopes.
The social networking site reported revenues of $569m, up 58% from $361m during the same period last year.
The company's shares fell 11% after the results announcement.
Revenues up, active users up, shares down.
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Twitter Shares Fall 11% On Results
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In Tulsa, Oklahoma, it is against the law to open a soda bottle without
the supervision of a licensed engineer.
(Score: 2) by unzombied on Thursday October 29 2015, @09:27PM
That is the curious thing about growth stocks. This quarter is expected to be better than last quarter. Exponential growth is required. $10 last quarter needs to be $11 this quarter. $13 next quarter. No business can maintain this. Those that try make ever more drastic revenue-generating or risk-shifting choices, portray facts as different from what they are.