Twitter suffers slowest revenue growth since flotation
Twitter has posted its weakest quarterly revenue growth since its stock market flotation in 2013, with shares plunging 10% on opening in New York.
The microblogging service, which has never made a profit, reported a 1% rise in fourth-quarter revenue to $717m (£571m).
The figure failed to meet market expectations of £740m for the three-month period.
Twitter said its annual net loss had eased to $457m (£364m) from $521m the year before, despite quarterly losses widening.
It also warned that underlying profitability would take a hit in 2017 because revenue growth would continue to lag user growth amid stiff competition for advertising spending… see more
You may be interested
10 Ways to Stick to Your BudgetAngela Pattridge - Apr 19, 2017
Budgeting is a relatively easy thing, but sticking to your budget is another matter altogether. It may look great on…
New driving licence for new drivers restricted to 2 Yearsabi - Apr 19, 2017
The slew of new Dubai traffic rules to come into effect from July 1 usher in many advantages for motorists…
5 Things Your Video Marketing Strategy Should IncludeNewsmaster - Apr 19, 2017
Video marketing is modern marketing method which helps to engage audience while sticking to all the classical marketing models and definitions.