Views
Notes
Folders
Reading List
Read
Twitter Flops Again
An article by • Published May 3, 2021
Twitter ($TWTR)
reported earnings
yesterday after the close, and the results disappointed.
Analysts had expected total users of 200 million, while the company
reported 199 million
.
Further, while the
current quarter revenue
was inline with
expectations
, the midpoint of the forecast fell short of
analyst estimates
.
Investors piled into Twitter's stock during the last quarter on hopes that the company had finally "righted the ship" and was poised for a prolonged period of sustained user & profit growth, as its other advertising tech peers have demonstrated ($FB, $SNAP, $PINS, $GOOG, etc).
Users can
view recent tweets
on $TWTR on our
curated Twitter feed
.