Twitter's (TWTR) TellApart Deal was Costly, SunTrust's Peck Says
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Go back to Twitter's (TWTR) TellApart Deal was Costly, SunTrust's Peck Says
April 29, 2015 3:17 PM EDT
Twitter (NYSE: TWTR) was unable to find a bottom Wednesday and continued lower throughout the trading session. A quarter-way into the final hour of trading, shares were down 9.5%, adding to yesterday's massive post-earnings loss.
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April 28, 2015 3:37 PM EDT
(Updated - April 28, 2015 3:39 PM EDT)
Following an earlier leak of the data, Twitter (NYSE: TWTR) officially reported its first quarter results just before markets closed Tuesday, while the release was originally slated to happen after the close of markets..
The social media giant reported Q1 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $436 million versus the consensus estimate of $456.82 million.
Monthly Active Users - Average Monthly Active Users (MAUs) were 302 million for the first quarter, up 18% year-over-year and compared to 288 million in the previous quarter.... More
