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-0.000812347684809168 0.000974817221770839 0.00617384240454907 0.00731112916328181 0.0097481722177092 0.0108854589764419 0.0110479285134037 0.0127798537774167
Stock impact report

Data Sheet—How Twitter Proved It Has a Real Business [Fortune]

QUALCOMM Incorporated (QCOM) 
Last qualcomm incorporated earnings: 4/29 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: qualcomm.com/info/investor-relations
Company Research Source: Fortune
I’m going to stick with the positive—I crowed yesterday about the non-demise of Snap, whose shares promptly dropped 7% in a sea of red Thursday—and talk today about the only green spot on my screen. I’m referring, of course, to Twitter, up 12% because it delivered the kind of surprise Wall Street likes. That unexpected occurrence was Twitter having reported a rare profit, even if it was attributed not to impressive revenue growth (it was minuscule) but to lower expenses, largely due to decreased stock-based compensation. Twitter also grew its user base a bit and demonstrated an ability to improve its product. Longer messages, increased video inventory, and cleverer displays of messages all contributed to a sense of momentum at Twitter. I’ve long said that Twitter, with its 300-million-plus users and nearly $3 billion in annualized revenues clearly has a business. Whether it grows and if it invests like a startup or a real company have always been the question marks. But Show less Read more
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