Understanding Twitter’s Growth Warning
Twitter (TWTR) expects to continue growing in 2018, except that the pace of the growth is expected to slow compared to the pace of growth in 2017. The company issued the growth warning last month despite its core advertising business rebounding in the first quarter with advertising revenue jumping 21% year-over-year. Advertising revenue fell 11% YoY a year earlier and grew only 1.0% in the previous quarter.