Twitter Shares Crash 17% Later Users Drop, Companionship Warns To A Greater Extent Than Declines Expected (Twtr)

Good.
I'm starting to intend Twitter is exactly to a greater extent than or less other lead chances to aspect similar a moron together with quite honestly nosotros all convey to a greater extent than than plenty of those sorts of opportunities. As Abe Lincoln said:

It is meliorate to rest soundless together with live on idea a fool, than to opened upwardly your oral fissure together with take all doubt*

From ZeroHedge:

It's deja vu all over 1 time again equally Jack Dorsey pulled a Zuckerberg together with reported a immature adult woman - together with a driblet - inwards user growth, spell alarm of fifty-fifty greater declines inwards the coming quarter.

Looking at the fiscal results, they were non that bad, amongst the companionship reporting Q2 adjusted EPS 17c, exactly beating the guess of 16c, amongst Q2 adjusted Ebitda of $265 meg too beating estimates of $261.5 million, on Q2 revenue of $711 million, higher than consensus $697 million, of which promotion revenue was $601 million, upwardly 23% y/y, however a slowdown inwards U.S.A. promotion increase is starting to decease obvious, amongst U.S.A. promotion revenues ascension alone 9%.

However, what spooked the marketplace position is that monthly active users were 335 million, a reject of 1 meg from the prior quarter largely inwards the U.S.A. (where MAUs dropped from 69MM to 68MM), together with a immature adult woman of the average analyst estimates of 337.8 million.

Macquarie's Benjamin Schachter position it good inwards a Federal Reserve annotation earlier the turn a profit came out:

"Despite Trump existence peradventure the most high-profile user possible, usage has non dramatically improved over the by couplet years. We but don't run into the production improvements having a dramatic touching on on Twitter's might to attract novel users.''

He's right: the next long-term nautical chart of user increase shows exactly how much it has slowed downwards inwards recent quarters....

...MUCH MORE

In pre-market activity the stock is downwards $5.45 (12.69%) at $37.49 

*Maybe it wasn't Lincoln. From The Quotations Page:

...It's been attributed to many persons, but seems to convey its roots inwards the Bible:

It is meliorate to rest soundless together with live on idea a fool, than to opened upwardly your oral fissure together with take all doubtfulness . -- George Eliot
Better to rest soundless together with live on idea a fool than to beak out together with take all doubt.-- Abraham Lincoln (also attr. Confucius)
It is meliorate to decease along your oral fissure closed together with allow people intend y'all are a fool than to opened upwardly it together with take all doubt.-- Mark Twain (1835-1910)
Even a fool, when he holdeth his peace, is counted wise: together with he that shutteth his lips is esteemed a human being of understanding. -- Bible, 'Proverbs' 17:28.

There are no citations for Lincoln or Twain. I convey my doubts well-nigh Confucius.