Micro blog Twitter may have posted higher than expectations revenue & profit for the 2nd quarter today but a section of the investors & analysts is still not very happy. Twitter top boss interim-CEO Jack Dorsey, himself belongs to the latter. He told investors in his 1st earnings call – it will take time to fix all the issues. Much of this revolves around the fact that Twitter’s ad revenue is not growing at a healthy-enough pace. So far as user base is concerned, it has been growing, but again, not at a pace many would have liked.
Twitter Asks for More Time to Fix Things — And Freaks Out Wall Street – Re/code
July 28, 2015
Twitter added just two million new core users last quarter, and while it also beat Wall Street revenue estimates, investors still aren’t buying the Twitter story. The company’s stock swung wildly in after-hours trading, dropping as much as 6 percent…
Twitter latest financials are strong but its executives are jumping ship – The Verge
http://news.google.com Jul 28, 2015
Twitter Revenue Up 61%, but User Growth Lags – New York Times
http://news.google.com Jul 29, 2015
Twitter Monthly Active Users Crawl To 316M, Dorsey: “We Are Not Satisfied” – TechCrunch
http://news.google.com Jul 28, 2015
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