LIVE: Twitter beats and the stock is going up
Getty / Steve Jennings
Twitter just announced its earnings for Q4 2014. Let's jump right into the results:Revenue: $479 million vs. $453.6 million expectedAdvertisement
EPS: $0.12 vs. $0.06 expected
Monthly active users (MAUs): ? 288 million vs. 295 million expectedIt's a beat on the top and bottom lines, but the stock is going down a bit because Twitter missed on MAUs. The stock was down as much as 6% at first, but has leveled off. It's now slightly up in after-hours trading.
This is one of the most anticipated Twitter earnings reports ever. There's a lot of talk about Twitter's slowing user growth and CEO Dick Costolo's leadership.One big investor isn't happy with CEO Costolo's performance. Meanwhile, the company has pushed out a ton of new product updates over the last few weeks, which some thought meant Twitter was trying to provide a cushion for what could be a disappointing quarter. On the other hand, Twitter could've been preparing to deliver a blowout, and those new product updates would have been gravy on top.Advertisement
Either way, it's strange.
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