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Twitter reported better-than-expected Q3 revenue late Monday, but the social site’s slower user growth and engagement, along with weaker sales guidance, sent shares sharply lower. Average monthly users hit 284 million at the end of Q3, up 23% vs. a year earlier. But the 13 million new users translates to a 5% sequential gain vs. Q2’s 6.2% rise. Sterne Agee analyst Arvind Bhatia said in a Sunday report that he expected 285 Scalper1 News
Scalper1 News