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SAN FRANCISCO, July 27 (WebNoviny.sk) – US Twitter stocks operating on a similar microblogging network have dropped sharply after the release of the second quarter results to provide information on the low number of users of his services
before the start of the regular stock market trading, he weakened 16 percent a day after Facebook shares fell 19 percent for the same reason
Twitter had 335 million in the second quarter. of all users, with the market should be 339 million euros. At the same time, there was a slight decrease of 336 million CZK in the first quarter. However, net profit for Twitter from April to June was $ 100.1 million. USD
The company's net earnings per share were 13 cents for the second quarter and adjusted earnings per share of 17 cents, which was in line with expectations. The company's revenues increased by 24% to 710.5 million.
Facebook shares fell 19% Thursday, which means that the company's market value fell nearly 119 billion. USD. For the company, it is the worst daily loss since its IPO in 2012. The social network operator posts second-quarter results that do not meet expectations in terms of growth income and users
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