Twitter shares fell 13% after the publication of reporting of service


Twitter shares fell 13.46% to $of 15.39 after the main session against the publication of statements for the first quarter. At the close of trading of paper was worth $17,75.

“Twitter has again disappointed investors by posting a first quarter results, which showed sluggish revenue growth. The microblogging service is trying to attract new users to the background of attempts to improve your complex UI with several new features,” writes Reuters.

The company’s revenue in the period rose 36% to $594,5 million However this value has not justified expectations of analysts, who predicted revenue of $607,8 million

The company forecast revenue for the second quarter, from $590 million to $610 million Is also not consistent with the predictions of analysts, who, according to a survey by Thomson Reuters on average expect revenue of $677,57 million

The monthly attendance of the service increased by 5 million people to 310 million In the fourth quarter of 2015, Twitter reported a decline of up to 305 million people.