Thursday, 27 July 2017
Twitter is going through a rough patch. The company released its quarterly report earlier today and despite beating Wall Street revenue expectations, the social media giant is still struggling to stimulate meaningful growth. Contrary to analyst predictions, the microblogging service managed to rake in a revenue of $574 million during the last quarter – which is $37 million more than Wall Street anticipated and $26 million more than its first-quarter revenue. For more context, this equals to a profit of about 12 cents per share. More worryingly though, Twitter seems to have hit the skids when it comes to user…
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