Twitter Inc (TWTR.N) reported on Thursday it had more active users than a year earlier but lower advertising revenue, disappointing investors with its failure so far to translate fans such as U.S. President Donald Trump into more dollars.Investors punished the company’s shares, whoch fell 11.7 percent to $16.53 in morning trading.Advertising revenue in the fourth quarter declined 0.5 percent year-over-year to $638 million, Twitter said, and the company said that advertising revenue growth would continue to lag user growth during 2017.Total revenue grew just 1.0 percent to $717.2 million, missing analysts’ average estimate of $740.1 million, according to Thomson Reuters I/B/E/S.
Källa: Twitter advertising revenue falls after Trump buzz fails to drive growth | Reuters
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