What to Expect From Twitter, Inc. in 2018
Despite its struggles to compete with other social networks, Twitter (NYSE: TWTR) has had a surprisingly strong 2017. It regularly surpassed earnings expectations, management is about to make good on its plans to produce a profit in the fourth quarter, and the stock produced a greater-than-50% return year to date.
2018 could be another year of resetting for Twitter as it works to get revenue moving in the right direction again following a year of declines. Those profits Twitter expects in the fourth quarter might not show up again until late 2018 now that management's cost-cutting efforts are complete. Here's what investors should expect over the next year from Twitter.
Image source: Twitter, Copyright Marisa Allegra Williams (@marisa) for Twitter, Inc.
Source: Fool.com