Twitter Drops 9% as Q2 Revenue Misses; Q3 View Misses by a Mile

Tech Trader Daily
By Tiernan RayJul 26, 2016, 4:19 pm64 pts
Twitter (TWTR) this afternoon reported Q2 revenue that missed analysts’ expectations, and profit that beat, and offered a much-lower-than-expected Q3 outlook, sending its shares lower by 9%. Revenue in the three months ended in Juen rose 20%, year over year, to $602 million, yielding EPS of 13 cents. Analysts…

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