Entrepreneur team says, “Twitter Inc may be counting on Moments to drive growth, but the moment for celebrating a turnaround still looks far off.

Anyone hoping that Chief Executive Jack Dorsey’s plans to boost growth would have had a big impact on third-quarter results would have been disappointed.

Twitter reported both anemic user growth for the three months to Sept. 30 and offered up a tepid revenue forecast for the current quarter on Tuesday.

Twitter’s shares, already down 13 percent this year, were down 11 percent in early trading on Wednesday.

Some investors clearly expected more from Dorsey, the company’s co-founder who took the CEO role earlier this month after serving on an interim basis for nearly four months“.

Analysts Not Impressed With Twitter’s Growth in Latest Quarter Results

‘Entrepreneur’ Blog

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