Twitter shares fell 13% after the release of the earnings report - 27 April 2016 - free no deposit forex bonus
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Main » 2016 » April » 27 » Twitter shares fell 13% after the release of the earnings report
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Twitter shares fell 13% after the release of the earnings report
 
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Twitter's share price has fallen by more than 10% after the company reported lower-than-expected profits, as well as worsened outlook for the current quarter sales.

 

 

During the first quarter the company has added 5 million users, but it was not enough. During the first three months of 2016 the company's revenues amounted to $ 595 million, while investors had expected $ 608 million.


Since the beginning of this year, Twitter shares fell more than 25% due to ongoing concerns about the growing number of users.


The company's management has reported slowing sales growth over the past year and downgraded earnings for the second quarter is more than $ 67 million.


the sale


1st quarter 2015: $ 436 million 
Q4 2015: $ 710 million 
Q1 2016: $ 595 million


Profit


1st quarter 2015 - $ 162 million 
4th quarter 2015 - $ 90 million in 
the 1st quarter 2016 - $ 80 million


Twitter The company lost less money than during the last quarter, despite an increase in overall costs in several areas. In the first quarter, the company increased its marketing expenses by $ 53 million.

 

Number of active users


1st quarter 2015: 302 million 
4th quarter 2015: 305 million 
1st quarter 2016: 310 million


The only good news in its quarterly report Twitter - increase in the number of active users on 5 million. 

 

A source

 
Views: 67 | Added by: mik | Tags: sale twitter, Twitter, analyst twitter, buy stocks twitter, that twitter, share twitter, income twitter | Rating: 0.0/0
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