Twitter shares tumble on forecasts for weaker revenue, higher costs

By
Follow google news

Full-year operating costs rise.

Twitter shares tumble on forecasts for weaker revenue, higher costs
Twitter Inc forecast that revenue in the first quarter would be weaker than expected while full-year operating costs would rise, sending shares down more than 10 percent in midday trading on Thursday. Investors' concerns over the weak forecast overshadowed strong fourth-quarter results for the ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

Westpac brings automation and AIOps to life, chasing CPU and memory alerts

Westpac brings automation and AIOps to life, chasing CPU and memory alerts

Westpac taps Macquarie BFS' CIO as its new IT leader

Westpac taps Macquarie BFS' CIO as its new IT leader

Suncorp to have AI agents in insurance claims process as soon as this month

Suncorp to have AI agents in insurance claims process as soon as this month

CBA appoints new group CIO

CBA appoints new group CIO

Log In

  |  Forgot your password?