{"id":339334,"date":"2017-04-26T19:37:48","date_gmt":"2017-04-26T11:37:48","guid":{"rendered":"http:\/\/techcrunch.com\/?p=1481655"},"modified":"2017-04-26T19:37:48","modified_gmt":"2017-04-26T11:37:48","slug":"twitters-shares-are-spiking-after-finally-delivering-a-good-quarter","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/twitters-shares-are-spiking-after-finally-delivering-a-good-quarter\/","title":{"rendered":"Twitter\u2019s shares are spiking after finally delivering a good quarter"},"content":{"rendered":"

<\/p>\n

Twitter delivered a surprising and much-needed positive quarterly earnings report this morning<\/a> \u2014 and its finally seeing some positive moves in its stock price.<\/p>\n

That\u2019s going to be important going forward, as the company needs to convince Wall Street it can stay independent and also attract talent. Shares are up 9% in pre-market trading after seeing a decline over the past three months. Twitter\u2019s last \u201cgreat news\u201d moment was arguably when acquisition talks bubbled up. After that was a bust, Twitter\u2019s stock came back to reality.<\/p>\n

Twitter\u2019s revenue is still in decline, but it\u2019s falling more slowly than what investors expected. It also added more new users than observers expected, which has been a perpetual problem for the company. There have been some recent changes to the product as well as increased efforts to curve abuse in order to make it attractive for new users, the company said in its earnings report. Whether that\u2019s paying off directly in the form of user growth still isn\u2019t entirely clear, but it\u2019s a step in the right direction.<\/p>\n

The company has\u00a0to keep activist investors off its back amid the rest of its problems, which may see Twitter as an easy target as its stock price continues to decline. CEO Jack Dorsey has said he\u2019ll continue to run both Square and Twitter, which if the company\u2019s business continues to decline may cause some frustration on Wall Street and spur investors to lobby for some change at the upper level.<\/p>\n

Given Snap\u2019s successful IPO, Twitter\u2019s most likely going to be facing increased scrutiny to perform. While its business is still in decline, its first quarter surprise hit comes at a critical time for the company. Facebook continues to chug forward and Snap is still demonstrating it has a huge user base despite concerns about its ballooning costs. Twitter needs to keep delivering these hits if it\u2019s going to be competitive not only to advertisers, but also to Wall Street.<\/p>\n

You can check out our full report on Twitter\u2019s first-quarter earnings beat here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

\"\" Twitter delivered a surprising and much-needed positive quarterly earnings report this morning — and its finally seeing some positive moves in its stock price.
\nThat’s going to be important going forward, as the company needs to convince Wall Street it can stay independent and also attract talent. Shares are up 9% in pre-market trading after seeing a decline over the past three months. Read More<\/a><\/p>\n

\n<\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a> <\/img><\/a>\n<\/div>\n

\"\"\/ <\/p>\n","protected":false},"author":5817,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[25],"tags":[59,66,26],"class_list":["post-339334","post","type-post","status-publish","format-standard","hentry","category-technology","tag-media","tag-techcrunch","tag-technology"],"_links":{"self":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/339334","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/users\/5817"}],"replies":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/comments?post=339334"}],"version-history":[{"count":0,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/339334\/revisions"}],"wp:attachment":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/media?parent=339334"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/categories?post=339334"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/tags?post=339334"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}