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Twitter Advertising Revenue Falls After Trump Buzz Fails To Drive Growth

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy Omniscient Member

Ron Burgundy

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People holding mobile phones are silhouetted against a backdrop projected with the Twitter logo in WarsawTwitter Inc reported on Thursday it had more active users than a year earlier but lower advertising revenue, disappointing investors with its failure so far to translate fans such as U.S. President Donald Trump into more dollars. Investors punished the company's shares, which fell 11.7 percent to $16.53 in morning trading. Advertising revenue in the fourth quarter declined 0.5 percent year-over-year to $638 million, Twitter said, and the company said that advertising revenue growth would continue to lag user growth during 2017.




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