Twitter disappoints despite strong financials

Despite beating forecasts and expectations, Twitter again disappointed investors on last night’s earnings call.

Twitter stock price

While Google broadcast its results over YouTube, Twitter used it’s video platform, Periscope, to announce its performance.

Unfortunately, the novelty wasn’t enough to excite investors as the company only announced a moderate increase in monthly active users (MAUs) of just 4 million.

Investors were quick to react with a 13% drop on share price in after hours trading.

The honeymoon is certainly over for Jack Dorsey, but I’m personally optimistic about the potential for new features, such as Mentions and Polls. cheap air max

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