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Twitter Q1 Revenue $595 million, up 36pct, but below expectations

9:05 am on Apr 27, 2016 (gmt 0)

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Twitter's Q1 2016 revenues were up 36% to $595 million, year on year, however, it didn't reach market expectations which were in the region of $608 million.

Revenue came in at the low end of our guidance range because brand marketers did not increase spend as quickly as expected in the first quarter.

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10:26 am on Apr 27, 2016 (gmt 0)

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Dropped like a rock yesterday:


It's amazing that they were up 36% in revenue and still dropping. Expectations are everything I guess.

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