Twitter (TWTR) Slammed as Most Important Number Misses
Twitter (NYSE: TWTR) reported third quarter financial results today after the market close and the stock is trading down by 8% in the aftermarket as the one number that mattered missed expectations.
Twitter reported monthly active users (MAUs) of 320 million, which missed the consensus of 324 million.
The company had previously provided preliminary financial numbers for the quarter.
Twitter guidance was also weak. The company sees Q4 revenue of $695 million to $710 million, versus the consensus of $739.7 million.