Twitter’s Third Quarter Earnings – Stock Price Plunges by 20 Percent Amid a Broad Miss of Expectations

Twitter’s Third Quarter Earnings – Stock Price Plunges by 20 Percent Amid a Broad Miss of Expectations

5 years ago
Anonymous $xdcOWPpsb_

https://wccftech.com/twitters-third-quarter-earnings-stock-price-plunges-by-20-percent-amid-a-broad-miss-of-expectations/

Twitter (NYSE:TWTR), the company that provides microblogging and social networking service, posted weak results for the third quarter of 2019. The company missed expectations on almost every key metric, as advertising growth decelerated sharply over last year and site activity slowed.

“Despite its challenges, this quarter validates our strategy of investing to drive long-term growth. More work remains to deliver improved revenue products. We’ll continue to prioritize our ad products along with health and our investments to drive ongoing growth in mDAU,” said Ned Segal, Twitter’s CFO.

Last Seen
about an hour ago
Reputation
0
Spam
0.000
Last Seen
3 hours ago
Reputation
0
Spam
0.000
Last Seen
a few minutes ago
Reputation
0
Spam
0.000
Last Seen
a few minutes ago
Reputation
0
Spam
0.000
Last Seen
49 minutes ago
Reputation
0
Spam
0.000
Last Seen
2 hours ago
Reputation
0
Spam
0.000
Last Seen
14 minutes ago
Reputation
0
Spam
0.000
Last Seen
21 minutes ago
Reputation
0
Spam
0.000