By John Glenday

Twitter has seen its share price plunge by as much as 10 per cent after advising that its revenues for the coming quarter are likely to fall short of expectations amidst weak advertiser demand.

This has seen revenues come in at $602m for the second quarter, a smidgen below the $606m which had been penciled in by analysts, although it was still 20 per cent up on the $502m made in the same period last year.

Blaming ‘less overall advertiser demand than expected’ for the disappointing figures the financial update illustrates just how far Jack Dorsey’s video advertising vision for the micro Read full story ›

Source: The Drum