The Growing Value of a Twitter User - Twitter forecast fourth-quarter sales that may miss estimates and reported a slowdown in user growth, adding to the challenges facing new Chief Executive Officer Jack Dorsey as he seeks to turn the company around. Bloomberg's Cory Johnson breaks down the numbers on "What'd You Miss?" Published on Oct 27, 2015
UPDATE Oct 28, 2015: From the after hours low of $27.36 last night (see below), TWTR opened at $28.15 and continued to rise today to close at $30.86 (from 27.36 to 30.86=1 day gain of 13%)
|TWTR One-day Stock Chart (Left), One-year Stock Chart (Right) (source: google.com)|
Twitter's (TWTR) CEO Jack Dorsey on Q3 2015 Results - Earnings Call Transcript | Seeking Alpha:
Jack Dorsey - Chief Executive Officer: "... We continue to grow the number of people who use Twitter, now totaling 320 million monthly active and 307 million excluding SMS Fast Followers. Together with our logged out audience of over 500 million people, which is still growing sequentially, that’s over 800 million people who use Twitter owned and operated properties every single month, and that doesn't include the over 1 billion unique visits monthly to websites with embedded tweets. As we’ve said on our last earnings call, our focus is on three things, a more disciplined execution, simplifying our services and better communicating our value. We have made meaningful progress across all three. First, let's talk about our execution, we simplified our roadmap around a few big breaths across Twitter, Periscope and Vine that we believe represent our largest opportunities, assigned leads for each major project initiative and fully staffed those teams...." (emphasis added).
Every event we’ve seen is always better with Twitter. Baseball twitter is greater twitter. Election twitter is great twitter. So hope you follow on tonight with World Series--Anthony Noto, Twitter CFOCaveat Emptor and see Disclaimer at link below, but really, would you bet against @Jack & Co?
Twitter Investor Relations: investor.twitterinc.com