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)


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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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