‘Twitter User Growth Slows in Q4, Stock Plummets 18%’ – ‘Mashable’
The latest post on ‘Mashable’ is titled “Twitter User Growth Slows in Q4, Stock Plummets 18%”.
Seth Fiegerman says, “Twitter turned a surprise profit and handily beat Wall Street estimates for revenue, but missed estimates for user growth on its first quarterly earnings report since going public in November.Twitter reported earnings of $0.02 a share on revenue of $242.7 million, coming in ahead of estimates for revenue of $217.82 million and a net loss of $0.02 a share. For the 2013 year overall, Twitter generated revenue of about $665 million, more than double what it generated in the previous year“.
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