Twitter Matches Fourth-Quarter Earnings Forecasts
Shares of the struggling social network fell more than 10% in premarket trading on Thursday.
Twitter (TWTR) - Get Report saw earnings of 12 cents per share. But revenue of $717 million missed Wall Street's call for $740 million in sales. The company's monthly average users rose 4% to 319 million, up from a 3% increase last quarter. Twitter has been desperate to prove it can grow its active user base.
This article was written by a staff member of TheStreet.
