Thursday, February 05, 2015

Twitter Revenue Beats Forecasts, but User Numbers Fall Short - NYTimes.com

In other financial reporting today, see LinkedIn Beats In Q4 With $643M In Revenue, EPS Of $0.61 (Techcrunch)

"“Twitter is very much in its ‘prove it’ time period, and the results this quarter won’t prove it,” said Robert Peck, an analyst at the brokerage firm SunTrust Robinson Humphrey. “What we want to see: As we look into the first quarter, is Twitter going to see real traction from it for the rest of the year?”

For months, Twitter has been trying to prove that traction will come in a series of small yet significant changes over time, and that its best years are still ahead."
Twitter Revenue Beats Forecasts, but User Numbers Fall Short - NYTimes.com
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