01:13 22-12-2014
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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.


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14:54 30.04.2014
Astana
-6° C
Ashgabat
+9° C
Bishkek
+6° C
Dushanbe
+7° C
Tashkent
+10° C
exchange rates
 
72.35
58.90
9.47
0.97
223.59
182.05
29.27
3.01
6.43
5.25
0.84
0.09
2984.62
2409.67
388.81
45.20
3.48
2.85
0.46
0.05

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