Company News: Twitter (TWTR) realesed mixed report and lowered guidance for FY15

Market news

29 April 2015

Company News: Twitter (TWTR) realesed mixed report and lowered guidance for FY15

Company reported Q1 earnings of $0.07 per share versus $0.04 consensus. Revenues rose 74.0% year/year to $435.9 mln versus $456.55 mln consensus.

Company lowered FY15 revenue guidance to $2.17-$2.27 bln from $2.3-$2.35 bln versus $2.38 bln consensus and EBITDA guidance to $510-$535 mln from $550-$575 mln.

TWTR fell to $41.24 (-2.44%) on the premarket.

Canadian industrial product and raw materials price indexes are mixed in March

European Central Bank raised the amount the Greek central bank can lend its banks to €76.9 billion

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