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Wednesday, April 26, 2017

Twitter’s revenue growth slowed last quarter, but it still managed to beat expectations (TWTR)

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Jack Dorsey

Twitter reported its first ever year-over-year decline in revenue growth for its first quarter earnings on Wednesday, but still managed to beat analysts’ expectations of $512 million in revenue with $548 million.

Here are the key numbers from Twitter’s Q4 earnings:

  • Earnings per share (adjusted): $0.11 vs. $0.01 expected, down from $0.15 in the year-ago period.
  • Revenue: $548 million vs. $512 million expected, down from $595 million in the year-ago period.

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April 26, 2017 at 04:08PM

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from Alex Heath

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