Twitter Slides After Beating Wall Street Expectations

Thanks! Share it with your friends!


Business Insider reports that Twitter’s stock is sliding.
This comes despite its fourth-quarter earnings beating Wall Street expectations.
Revenue was up 24% year-on-year to $909 million.
However, monthly active users fell by 9 million to 321 million.
Twitter is now phasing out the monthly active user metric.
The company will switch to what it calls “monetizable daily active users.” It currently has 126 million of these.


Write a comment


SEO Powered By SEOPressor