All the fault of the financial statements of a social network for the second quarter of this year,. reporting, which is not so bad, if not one “but”.
On the eve of the popular blogosphere II reported for the second quarter 2017 of the year. While the stock market experts predicted “blue bird” a significant drop in quarterly revenue in the annual comparison, it eventually was only 4,7%.
In this way, instead of the expected 537 million dollars, Twitter in the second quarter earned all 574 million dollars. However, that has not stopped investors from burning desire to get rid of shares in the social network.
The fact, what, In addition to these and other financial indicators, This report contains much more valuable, but at the same time unpleasant for Twitter information. The company recognized, that the monthly audience of service in the second quarter remained unchanged - 328 million people. Same, as in the first quarter. Consequently, the blogosphere has been stagnant, does not develop.
That was enough, investors to instantly share price has fallen off the social network at once 14%. As a result of this reduction only yesterday the company's capitalization decreased by 2 billion!
Seem to be, story “blue birds” and in fact is coming to a sad ending. Alas…
