The share Twitter went last night strong decline in US nabeurshandel. The messaging first quarter results fell heavily against investors. This also was disappointing revenue forecast for the current quarter.
Twitter earned in the first three months of the year revenues of 594.5 million, considerably more than the 435.9 million dollars a year earlier. Market Experts, however, had clearly counted on higher yields, they went before the numeric presentation of 607.9 million dollars.
Twitter itself do not meet market expectations to the fact that advertisers are not their spending as fast as expects staged.
loss decreases
loss decreased from 162.4 million last year to $ 79.7 million.
There were 310 million monthly active users, 3 percent more than the year before. In the fourth quarter, Twitter had 305 million monthly users.
Prognosis is poor
For the current second quarter, Twitter anticipates a turnover in the range of 590 to 610 million dollars . That’s below the forecast of experts, who were counting on 677 million dollars.
The revenue forecast, combined with the lower than expected sales in the first quarter, the share dropped in trading after market close 11 percent in red .
RTL Z / Reuters
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