18:08 29-08-2014
MAIN Russian
About us On-line subscription
KazakhstanTajikistanUzbekistanKyrgyzstanTurkmenistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Twitter shares fall on slower growth

Bishkek (AKIpress) - 67be0a6c15287d6e8bf6e6e46d2eb59f Shares in social media giant Twitter fell 11% in after-hours trading - dropping to their lowest level since the company's stock market flotation - as it reported slower-than-expected user growth, according to BBC report.

The number of active users on the social network reached 255 million in the first three months of 2014, up 5.8% on the previous quarter. But that growth was below analysts' expectations.

Twitter also reported a net loss of $132 million for the latest quarter.

However, its revenues more than doubled to $250 million, thanks to a sharp rise in income from advertising.


Twitterfacebookprint
14:54 30.04.2014
LATEST NEWS
17:58 Contest among cooks takes place in Karakalpakstan17:50 Collection of biometric data to start in Osh since August 3117:45 New book on history of Uzbekistan published17:42 Agriculture Ministers of Khabarovsk Krai, Orenburg region of Russia to discuss deliveries of agricultural products from Kyrgyzstan17:35 Kyrgyzstan doubles imports from Azerbaijan in 201417:30 Program on export of Kyrgyz agricultural products to Russia under finalization17:26 Malaysia Airlines to cut 6,000 jobs off after 2 major tragedies17:23 1.4 billion som to be spent for construction of Datka-Kemin power transmission line in 201517:23 Kazakh FM attends UN Alliance of Civilizations forum in Bali17:18 China becomes number one in investments, public and private sectors of Kyrgyzstan - First Vice PM17:07 Seoul Park appears in Uzbekistan's Tashkent17:02 Kyrgyz Economy Ministry to spend 2.3 million som for counter-corruption policy, legalization of shadow economy in 201516:59 India's PM Modi to visit Japan to deepen trade and defense ties16:56 IFC launches program on introduction of food safety standards in Uzbekistan16:52 Kyrgyz Agriculture Ministry plans to spend 1.9 billion soms for livestock support program in 201516:50 Kazakhstan to import additional 50,000 tons of AI-92 gasoline, 35,000 tons of diesel fuel in September16:44 Economic cooperation of Kyrgyzstan, China of great importance – Chinese Ambassador's Advisor16:42 Latvia wants to sell its products of food industry in Uzbekistan16:37 Minor quake jolts Chon Alay district of Kyrgyzstan16:31 Mudflow threat in Almaty remains, says scientist
Astana
+24° C
Ashgabat
+36° C
Bishkek
+31° C
Dushanbe
+31° C
Tashkent
+35° C
exchange rates
 
69.92
52.94
8.52
1.46
240.29
182.00
29.63
4.99
6.53
4.98
0.81
0.14
3127.51
2348.02
381.74
65.22
3.76
2.85
0.46
0.08

© AKIpress News Agency - 2001-2014
Use of the AKIpress.com materials must be accompanied by a hyperlink to www.akipress.com
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)90-07-75