Twitter Earnings In Line With Estimates, Shares Fall

Like most of you, I'm actually surprised Twitter even did this good.

Twitter reported revenue of $361 million in the third quarter, beating Wall Street estimates. It came in right on target on earnings per share, recording its first profit of 1 cent. Fourth-quarter guidance was also on the money. Twitter raised its financial projections to a range of $440 million to $450 million. Analysts had estimated $448 million. But that wasn't good enough. Shares plunged as much as 12% in after-hours trading

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