Twitter, Inc. Earnings: User Growth Slows
Twitter's (NYSE: TWTR) second-quarter financial results on Thursday morning lacked substantial evidence of a well-executed turnaround plan. Though year-over-year revenue decline moderated and its adjusted earnings per share improved compared to its financial results in the first quarter of 2017, Twitter's important user metrics were arguably disappointing.
After a short-lived President Trump-fueled bump in monthly active users, investors are left searching for the next catalyst for Twitter's user growth. Even more, with management previously noting that revenue growth would meaningfully lag user growth, slowing user growth suggests it may be a while before the tech company can return to revenue growth.
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Source: Fool.com
