U.S. Markets closed

Twitter Stock Falls after Q2 Earnings Release

Sarah Sands
Twitter Stock Falls after Q2 Earnings Release

On July 27, Twitter (TWTR) stock fell 20.5% after the company reported its second-quarter results. The company posted EPS of $0.17, on par with the market expectation, and beat analysts’ revenue expectation of $696.2 million by posting revenue of $711 million. However, the company’s monthly active user count fell to 335 million, missing analysts’ expectation of 338.5 million.