Wednesday, July 29, 2015

Despite Poor User Growth, Twitter Beats Estimates for Q2

Twitter has surprised many on Wall Street, posting earnings for the
second quarter that beat analyst estimates. Helped largely by a boost
in advertising revenue, the social media company posted revenue of
$502 million dollars. But as Twitter continues its search for a new
CEO after Dick Costolo abruptly exited the role in June, concerns over
user growth linger.

Patrice Howard reports.

IN: Twitters...
OUT: SOC
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All: http://www.fsnradionews.com/feeds/0728-Twitter-gen-ph.mp3