Twitter Beats on Revs; User Growth Disappoints
Twitter ( TWTR ) reported disappointing fourth-quarter fiscal 2013 results. In its first quarterly earnings since Initial Public Offering (IPO), Twitter reported loss of $1.41 per share, which was worse than 7 cents posted in the year-ago quarter. Excluding stock-based compensation, amortization of acquired intangible assets and income tax effects related to acquisitions, earnings were 2 cents per share in the quarter […]