Twitter: Re-Accelerating User Growth Keys Q3 Results
Twitter reported that Q3 results beat estimates, but the market focused on a lack of revenue guidance for Q4.
The social-media giant generated further growth in key user metrics that is far more important than revenues at this point.
The stock remains one to own around the recent lows.
After an initial positive reaction to Q3 results, Twitter (NYSE:TWTR) is trading mostly flat. The market appears more focused on the lack of revenue guidance for Q4 over the key re-accelerating user growth.
Read the full article on Seeking Alpha.
Disclosure: Long TWTR. Please review the disclaimer page for more details.
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