Twitter’s numbers are out:
- Revenue is $250 million versus analyst expectations of $241.47 million.
- EPS is $0.00 versus analyst expectations of -$0.03.
- Monthly active users was 255 million, up from 241 million the previous quarter.
- Q2 revenue guidance $270-$280 million, versus analyst expectations of $272.94 million.
The stock is down 9% in reaction to the numbers, which is dragging it near its all-time lows.
It’s a little hard to figure what’s wrong. The numbers are pretty much in-line with expectations.
We’re guessing that monthly users were lighter than the Street wanted. Morgan Stanley, for instance, was calling for 256 million monthly active users.
Here’s a chart looking at Twitter’s users growth deceleration, via BI Intelligence:
Business Insider Emails & Alerts
Site highlights each day to your inbox.