Twitter’s streamlining efforts still aren’t fixing its core business problems

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Thursday, 9 February 2017

Twitter’s streamlining efforts still aren’t fixing its core business problems

Thursday, 9 February 2017 by Muhammad Ifzal

Twitter may have re-oriented itself and laid off part of its workforce to streamline its business, but it still doesn’t look like it is bringing in enough money to keep Wall Street happy. Twitter reported earnings of 16 cents per share on revenue of $717.2 million, whereas Wall Street was looking for earnings of 12 cents per share on $740.1 million in revenue. So while Twitter was able… Read More