UPDATE: Oppenheimer Upgrades Twitter, Inc. (TWTR) to Perform
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Twitter (TWTR) Tops Q3 EPS by 4c; Announces Restructuring, Workforce Reduction
October 27, 2016 7:04 AM EDTTwitter (NYSE: TWTR) reported Q3 EPS of $0.13, $0.04 better than the analyst estimate of $0.09. Revenue for the quarter came in at $616 million versus the consensus estimate of $605.84 million.
Average monthly active users (MAUs) were 317 million for Q3, up 3% year-over-year and compared to 313 million in the previous quarter.
Average U.S. MAUs were 67 million for Q3, up 1% year-over-year and compared to 66 million in the previous quarter.
Average international MAUs were 250 million for Q3, up 4% year-over-year and compared to 247... More
