Wednesday, July 29, 2015

Twitter Revenue Up 61%, but User Growth Lags - The New York Times

Back to the drawing board -- perhaps another "frat party" would help; also see After Killing Twitter Stock Gain, Dorsey Wins Praise (BloombergBusiness)
"Twitter’s stock fell as much as 11 percent in after-hours trading, as Mr. Dorsey and Anthony Noto, Twitter’s chief financial officer, laid out the challenges still facing the company.

“What shocked the stock after hours is that despite all of the product improvements, people were less active now than they were seven months ago,” said Richard Greenfield, an analyst with BTIG Research. “Engagement is falling despite all of the changes they made.”"
Twitter Revenue Up 61%, but User Growth Lags - The New York Times
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