Allen Carter
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Twitter Continues To Excessively Reward Its Employees



  • Market considered Twitter's earnings a beat and shares surged this week.
  • Twitter lost $144.5 million in Q2 2014 compared to a loss of $ 42.2 million in Q2 2013.
  • Stock based compensation was $158.4 million in Q2 2014 or 50.7% of total revenue.
  • Twitter may have beat non-GAAP expectations, but I will not to reconsider my negative outlook.