Twitter earnings in line with estimates, shares fall

Posted online October 28, 2014 | 6:12 am

Twitter reported revenue of $361 million in the third quarter, beating Wall Street estimates.

However, it wasn’t enough for investors. Shares fell as much as 8 percent in after-hours trading, according to USA Today.

"The results were in line but Twitter is priced to be better than in line," Rosenblatt Securities analyst Martin Pyykkonen said.

Read more from USA Today.

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