Twitter didn't add any new users last quarter, and the stock is diving (TWTR)
Twitter didn't grow its user base at all last quarter, despite beating Wall Street's expectations for revenue.
The news of Twitter's stalled user growth sent shares diving in pre-market trading on Wednesday.
Here are the key numbers from Twitter's Q2 earnings:
- EPS (adjusted): $0.12 vs. $0.05 expected.
- Revenue: $574 million vs. $537 million expected.
- Monthly active users: 328 million, the same as the previous quarter.
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Twitter didn't add any new users last quarter, and the stock is diving (TWTR)
![Twitter didn't add any new users last quarter, and the stock is diving (TWTR)]()
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Thursday, July 27, 2017
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