Wednesday October 28, 2015

Twitter's Results Show Its Turnaround Moment Still Far Off

I don't know why this surprises anyone. Twitter has had one, maybe two quarters where it turned a profit. A turnaround is going to take a while (if ever).

Twitter Inc may be counting on Moments to drive growth, but the moment for celebrating a turnaround still looks far off. Anyone hoping that Chief Executive Jack Dorsey's plans to boost growth would have had a big impact on third-quarter results would have been disappointed.

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