Thursday, February 6, 2014

Epic Research Singapore : Twitter Update

Twitter Inc. TWTR -17.92% shares tumbled late Wednesday after the company reported weaker than expected user growth and timeline views. Twitter said it had 241 million monthly active users in the fourth quarter, lower than the consensus expectation of 249 million. Twitter's timeline views also reached 148 billion in the quarter. Analysts were expecting nearly 174 billion. Revenue and earnings were "good, but users and timeline views were weak," Wedbush analyst Shyam Patil told.Twitter shares were down 11% after hours.

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