Twitter Crashes On Revenue Miss, Terrible Guidance, Declining US Sales, Flat US Users

By Tyler Durdan | 9 February 2017

ZERO HEDGE — So much for the much anticipated “Twitter president” bounce.

With Twitter shares surging in recent days ahead of earnings, as analysts and traders expected the Trump’s chronic use of Twitter would lead to a substantial bounce in new users, moments ago Jack Dorsey’s company disappointed again after it missed revenue (with US revenue posting a 7% decline) despite posting a modest EPS beat, as monthly users came in line with expectations but failed to impress, while US user growth remained flat.

Worse, the company provided EBITDA guidance that was dreadful, far below expectations, and was half of what the company generated one year prior. […]

Be the first to comment

Post a Comment

Winter Watch

Discover more from Winter Watch

Subscribe now to keep reading and get access to the full archive.

Continue reading