Title: Twitter Stock Soars Despite Losing Millions of Users | InvestorPlace
Headings: Twitter Stock Soars Despite Losing Millions of Users
Twitter Stock Soars Despite Losing Millions of Users
Twitter loses 9 million users and that’s a good thing (for now)
Twitter Reports Huge Decline in Monthly Users
A New Focus on the Health of the Platform
TWTR Beats Revenue and Earnings Estimates

Content: As Reuters points out: “This time, investors welcomed Twitter removing accounts used for disinformation, hate speech and other abuse as the best way to solidify a base of high-quality users who are attractive to advertisers.” TWTR profit was also up. While analysts had been looking for the company to report 14 cents EPS, Twitter delivered 21 cents EPS in its fourth straight profitable quarter. While Twitter stock closed up over 15%, at $31.80, it still has a long way to go to hit the $69 high it reached in 2014. There are still questions about Twitter’s future, including whether the platform has plateaued in terms of users. In particular, those MUA numbers can’t continue to drop, or they will get much tougher to explain away. But this quarter showed that the company’s efforts to clean house are paying off with greater user engagement and increasing advertising revenue. As of this writing, Brad Moon did not hold a position in any of the aforementioned securitie s.
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