NewsBreak- Twitter Slumps on Earnings, Revenue Miss 

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© Reuters. © Reuters. – Shares of Twitter (NYSE:) slumped 14% in premarket trading on Thursday after the social media company’s third-quarter results failed to meet Wall Street expectations.

  • The company reported revenue of $823.7 million, with earnings per share of $0.17, compared to expectations of EPS of $0.20 on $873.6 million according to estimates.
  • The number of monetizable daily active users for the third quarter was 145 million, compared to 124 million in the same period a year earlier.
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