Twitter Inc (TWTR) Will Report Q2 Earnings On Periscope Live-Streaming App

On average, Twitter had 316 million monthly active users in the second quarter, up 15 per cent year-over-year but up less than 3 per cent from the first quarter of this year. Analysts expected earnings of 4 cents per share.

Twitter posted ad revenue of $452 million, up 63%. Many are wondering whether Dorsey’s is fully committed to his role after his other company, Square, reportedly filed for an IPO confidentially.

Company shares closed up more than 5 percent in Tuesday trading to $36.54 per share, then jumped another 2 percent in after-hours trading when its earnings results were released.

Twitter Inc (NYSE:TWTR) released its second quarter earnings report after closing bell tonight, posting earnings of 7 cents per share on $502 million in revenue.

Can Dorsey continue to run Twitter and Square for much longer?

“Our Q2 results show good progress in monetization, but we are not satisfied with our growth in audience”, interim Chief Executive Jack Dorsey said. In order to change the trajectory of the company, Schachter emphasized Twitter will have to “significantly improve its execution against its current strategy”. It has also been figuring out ways to make money from the eyeballs that see tweets outside of Twitter through deals with outsiders such as Flipboard and Yahoo Japan. CEO and Founder of Syncworx.com Company an IT Solutions and Enterprise Software development Firm.

The company remains unprofitable as it invests in new data centers and talent.

Another possible CEO for Twitter is Adam Bain, Twitter’s head of global revenue and partnerships.

As part of Twitter’s shift in its communications strategy, Twitter’s chief communications officer is also out.

The dual challenges facing Twitter are to grow advertising and users, says Oremus – Falling short of expectations after its IPO that Twitter would be the next Facebook, the company is now wanting to focus more on reach than number of active tweeters.

Twitter reported around $400 million of revenue generated from advertising, which represents a drastic Year-over-Year increase of 71%.

Moreover, the analysts note that “there could be a lag between product roll-outs and MAU growth”.

Macquarie, which also maintains a Neutral rating and $40.00 price target, said Twitter is its least favorite name among Internet and video game publishers.