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Twitter Q2 Revenue of $602 million, up 20 pct

net loss of $107 million

         

engine

3:38 pm on Jul 27, 2016 (gmt 0)

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Twitter's quarterly earnings didn't reach expectations, and it's $602 million revenue was up 20% year on year, and a net loss of $107 million. Twitter said there were 313 million MAUs (Monthly Active Users) which was up 3%, with the vast majority, 82%, being mobile users.

It seems it's getting there, but expectations are often so high and require such fast returns.

You can read the whole shareholder document, which is a PDF, on this link. [files.shareholder.com...]