Twitter beats estimates but growth fails to impress

TWall Street has sent a notification to Twitter: We want more followers. The social network giant beat financial estimates for its first quarter earnings, but fell short of expected growth in number of people using the popular social media platform. As a result, shares of Twitter dropped more than […]

As a result, shares of Twitter dropped more than 9% to $38.70, following Twitter’s earnings release after the market close. The San Francisco-based company reported that monthly active users came in at 255 million, a 25% year-over-year increase but below expectations.

About TCS News

TCS News was founded to support the principles of conservative Americans. We provide regular news articles, opinions and discussion related to current issues.