Max Grigoryev
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Max Grigoryev in Fundamentality,

Twitter Disappoints Once Again

Twitter released its earnings: its Q2 FY2016 revenue is $602M vs my assumptions of $661MM Total Revenue.

Twitter, Inc. (NYSE: TWTR) today announced financial results for its fiscal 2016 second quarter ended June 30, 2016. The company posted quarterly revenue of $602 million, up 20% year-over-year. Quarterly GAAP net loss was $107 million, or ($0.15) per diluted share with quarterly non-GAAP net income of $93 million, or $0.13 per diluted share. Average monthly active users (MAUs) were 313 million for the quarter, up 3% year-over-year and compared to 310 million in the previous quarter. Mobile MAUs represented approximately 82% of total MAUs.

MAU exceeds even my positive assumptions of 311M. That's a huge step forward for Twitter. 

Advertising revenue is $535M also below my estimates of $590M.

I'm waiting for 10-Q form from Twitter, because if the company increased their margins per user - it's a great chance to get more Twitter's shares.