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February 6, 2014 02:41 am GMT
You'd think investors would be happy. Twitter just released its first quarterly earnings report as a public company, with revenue and earnings coming in significantly ahead of analyst estimates.And yet, as of 4:40pm Eastern time, Twitter's stock had fallen 13 percent in after-hours trading. What happened? Well, the company also said that it now has 241 million monthly actively users up 30 percent year-over-year, as it says, but only up about 4 percent from last quarter. In other words, it looks like user growth continues to slow.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vY6pzTKH77I/
Twitter Stock Down 13 Percent After Earnings Show Disappointing User Numbers
You'd think investors would be happy. Twitter just released its first quarterly earnings report as a public company, with revenue and earnings coming in significantly ahead of analyst estimates.And yet, as of 4:40pm Eastern time, Twitter's stock had fallen 13 percent in after-hours trading. What happened? Well, the company also said that it now has 241 million monthly actively users up 30 percent year-over-year, as it says, but only up about 4 percent from last quarter. In other words, it looks like user growth continues to slow.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vY6pzTKH77I/
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