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Twitter shares are down sharply, following its earnings beat.Twitter announced that it has 320聽million monthly active users. That figure compares to its year-ago tally of 284 million monthly actives, and a sequentially preceding 316 million figure.Concerns regarding Twitter seemingly chronically lackluster user growth has been a key investor concern. Today, the company failed to assuage those concerns. If you were confused why investors are sell
stanley quencher ing Twitter shares like proverbial carb cakes to tree-fellers, that the reason.Twitter has proven a monster when it comes to revenue growth. It top line grew 58 percent compared to its year-ago tally. But poor user growth is an inherent discount on future cash flows. And, as you will certainly recall, investors like those.[gr
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The company, founded by ex-Accenture employees, Mike Vichich CEO and Tyler Felous CTO in April of this year, aims to be the consumer financial advocate on the go, Vichich tells me. There are relatively few resources to help consumers make better, smarter decisions while they ;re out in the real world, he explains. So that
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