Let's take a quick break from US economic data to look at Twitter (TWTR) earnings

Jay Soloff

Argonath Financial

Let's take a quick break from US economic data to look at Twitter (TWTR) earnings. The micro-blogging giant is an important company to follow because it provides a good litmus test of investor sentiment towards social media (especially since TWTR doesn't turn a profit). That being said, the stock soared yesterday after a very positive earnings report. TWTR generated $312 million in revenue compared to the $283 projected by analysts. More importantly, 81% of the revenue came from the essential mobile ad channel. Moreover, Twitter reported 271 million monthly average users. That's more than 266 million expected and a 24% increase from last year at this time. Yes, the company is losing money and got a big boost from the non-recurring World Cup. However, it's hard to not be optimistic about the better than expected results. (VIEW LINK)


Jay Soloff
Jay Soloff
Research Analyst
Argonath Financial

I'm an investments analyst for a US-based independent investment research firm. My focus is on economics, options, and all types of stocks, but especially tech, Internet, and renewable energy companies. I have experience as a options market...

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