Twitter Turnaround Plan Yet to Pick Up Steam as Company Misses Advertising Revenue, User Growth Estimates

Barbara P. Sherrill

Twitter reported weaker-than-expected quarterly advertising revenue and user growth on Thursday and forecast revenue short of Wall Street targets, indicating that its turnaround plan has yet to bear fruit. Still, the social networking site said it made “meaningful progress” toward its goal of reaching 315 million users and $7.5 billion […]