Twitter adds 9M new users, revenue beats low expectations
Expectations are so low for Twitter that a Wall Street prediction-beating decline in revenue, its first since going public in 2013, sent stock soaring 9 percent Wednesday. The company leapt over a low earnings bar during the first quarter of 2017, but also added 9 million users — the largest quarterly net user gain in two years — bringing its total reach to 328 million users.Unfortunately for Twitter, the company’s best still falls woefully short in a field of social platforms
Read more »