Twitter’s earnings are out, and it’s the same story as always: decent revenue (that missed projections) and steady user growth. Average monthly active users grew five million versus last quarter to 310 million total, and total revenue was $595 million — estimates were $608 million this quarter. Revenue is up versus this time last year, but down compared to last quarter. Twitter says revenue was at the lower end of their guidance range. Still, the company says its positive about the future after laying out its new strategy, especially with products like Periscope making an impact. Here’s how Twitter phrased it in…

This story continues at The Next Web
Source: The Next Web


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