07:55 15-09-2014
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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
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Ashgabat
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69.70
53.93
8.79
1.43
235.10
181.95
29.66
4.83
6.44
4.99
0.81
0.13
3114.92
2355.69
383.66
63.80
3.69
2.85
0.46
0.08

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