Twitter Dives To Post-IPO Lows On Slowing User Growth

By | April 29, 2014

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Twitter late Tuesday topped Q1 earnings and revenue forecasts, but new user growth failed to satisfy investors, sending shares tumbling late to post-IPO lows. The microblogging site broke even, whereas analysts expected a 3-cent per-share loss ex items, according to Thomson Reuters. Twitter (TWTR) earned 2 cents in Q4 but lost 8 cents a year earlier. Sales jumped 119% to $250.5 million, accelerating slightly from Q4’s 116% gain Scalper1 News

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