Twitter Investors Wait for Stronger Growth: What to Watch - News Summed Up

Twitter Investors Wait for Stronger Growth: What to Watch


The company previously said it expects to log revenue between $815 million and $875 million. Excluding certain items like stock-based compensation, Twitter is expected to earn 20 cents a share, down from 21 cents a share a year earlier. Yet Twitter needs to continue adding to its user base because that helps attract more advertisers, which can drive up revenue. “Growth has been accelerating since the end of 2018 and we believe that trend should continue,” Mr. Josey said. CLEANING HOUSE: Doing away with trolls and purveyors of disinformation has been a priority for Twitter over the past several years.


Source: Wall Street Journal October 23, 2019 20:37 UTC



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