{"id":371091,"date":"2018-07-27T18:38:26","date_gmt":"2018-07-27T17:38:26","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-first-facebook-now-twitter-going-down\/"},"modified":"2018-07-27T18:38:26","modified_gmt":"2018-07-27T17:38:26","slug":"prison-planet-com-first-facebook-now-twitter-going-down","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/prison-planet-com-first-facebook-now-twitter-going-down\/","title":{"rendered":"Prison Planet.com \u00bb First Facebook, Now Twitter Going Down?"},"content":{"rendered":"<div>\n<p>      <!-- START CONTENT --><\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2018\/07\/27\/twitter-earnings-q2-2018.html\"><strong>CNBC<\/strong><\/a><br \/>July 27, 2018<\/p>\n<p><strong>Twitter shares plummeted 14 percent pre-market Friday after the company reported a decline in monthly active users and weak guidance.<\/strong><\/p>\n<p>Twitter reported second-quarter earnings before the bell on Friday:<\/p>\n<ul>\n<li>Earnings per share: 17 cents vs. 17 cents, according to a Thomson Reuters consensus estimate<\/li>\n<li>Revenue: $711 million vs. $696.2 million, according to a Thomson Reuters consensus estimate<\/li>\n<li>Monthly active users (MAUs): 335 million vs. 338.5 million, according to StreetAccount and FactSet estimate<\/li>\n<\/ul>\n<p>Shares were down as much as 18 percent when the report was released.<\/p>\n<p>The company issued weak guidance as well, with adjusted EBITDA between $215 million and $235 million. The full year projections declined compared to last quarter\u2019s estimates, with stock-based compensation expenses ranging from $300 million to $350 million as opposed to $350 million to $450 million projected last quarter. It also updated its capital expenditures rates for the year from $450 million and $500 million estimated last quarter to now $375 million and $450 million.<\/p>\n<p>Last quarter, Twitter reported 336 million monthly active users. The platform blamed not moving to paid SMS carrier relationships, making changes to improve the \u201chealth\u201d of the platform and some impact from <a href=\"https:\/\/www.cnbc.com\/2018\/03\/30\/gdpr-everything-you-need-to-know.html\">GDPR<\/a>, a set of regulations in the European Union intended to protect consumer data. The company also <a href=\"https:\/\/www.cnbc.com\/2018\/07\/13\/jack-dorsey-loses-200000-followers-on-twitter-after-fake-user-purge.html\">recently purged fake accounts<\/a>, but those changes occurred after the close of the second quarter so it\u2019s unlikely to have affected MAUs this report.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2018\/07\/27\/twitter-earnings-q2-2018.html\">Read more<\/a><\/p>\n<p>      <!-- END CONTENT --><\/p>\n<p style=\"color:#333; font-size:11px;\">This article was posted: Friday, July 27, 2018  at  6:27 am<\/p>\n<hr class=\"dotted_line\"\/>\n<hr class=\"dotted_line\"\/><!-- share and follow --><br \/>\n      <!-- end of share and follow --><\/p>\n<div class=\"print_sub\">\n<h3 class=\"sub_titles\">&#13;<br \/>\n        \t<a href=\"https:\/\/www.prisonplanet.com\/first-facebook-now-twitter-going-down.html\/print\/\" title=\"Print\" rel=\"nofollow\"><img decoding=\"async\" class=\"WP-PrintIcon\" src=\"https:\/\/www.prisonplanet.com\/wp-content\/plugins\/wp-print\/images\/printer_famfamfam.gif\" alt=\"Print\" title=\"Print\" style=\"border: 0px;\"\/><\/a><br \/>\nPrint this page.<\/h3>\n<\/p><\/div>\n<hr class=\"dotted_line\"\/>\n<hr class=\"dotted_line\"\/>\n<p><!--\n      \n\n<div class=\"nextpage\">\n              <\/div>\n\n \n -->    <\/p>\n<p><!--\n<iframe loading=\"lazy\" width=\"600\" height=\"338\" src=\"http:\/\/www.youtube.com\/embed\/Gm2pZEeYN0E?list=UUvsye7V9psc-APX6wV1twLg\" frameborder=\"0\" allowfullscreen><\/iframe>\n--><\/p><\/div>\n<p><a href=\"https:\/\/www.prisonplanet.com\/first-facebook-now-twitter-going-down.html\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>CNBCJuly 27, 2018 Twitter shares plummeted 14 percent pre-market Friday after the company reported a decline in monthly active users and weak guidance. Twitter reported second-quarter earnings before the bell on Friday: Earnings per share: 17 cents vs. 17 cents, according to a Thomson Reuters consensus estimate Revenue: $711 million vs. $696.2 million, according to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-371091","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/371091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=371091"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/371091\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=371091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=371091"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=371091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}