Posts Tagged ‘twitter ipo’
Twitter has just reported it first-ever post-IPO earnings and they’ve significantly beaten analyst expectations, with Q4 2013 revenue of almost $243 million, up 116 percent year-on-year, and a positive earnings per share (EPS) of 2 cents.
Analysts had expected a loss of 2 cents per share and $218 million Q4 revenue.
Twitter’s first post-IPO earnings report is due on the close of business today and, with the company’s stock up more than 150 percent above its IPO price and hovering bullishly not far from all-time highs, investors are eagerly awaiting something from Twitter that will justify its fairly loft valuation.
Two things to watch in this earnings report are signs of growth in overall ad revenues, and also a boost in total user base numbers.
Twitter’s initial public offering (IPO) was, by all accounts, a huge success. The company sold millions of shares at its asking price of $26 dollar a piece and, at the time of writing, has a market capitalisation of $23.96 billion.
Of course, Twitter is still, relatively, a small company, and with that amount of cash being pumped into the firm, a lot of people did rather well. Indeed, by one estimate, some 1,600 Twitter employees are now millionaires or better. That’s the good news. The bad? Collectively, they owe more than two billion dollars in tax.
What was the social buzz around Twitter’s IPO? How did it compare to Facebook’s? Who’s doing the buzzing? These questions and more are answered in the huge info-packed infographic below.
Twitter’s IPO took place earlier today and, so far at least, it’s been a big success. The stock saw a nice 73 percent pop on the opening and while it hasn’t quite scaled the $70-80 heights that some analysts were predicting, its current levels of $45/$46 gives Twitter a market capitalisation of some $25 billion.
Twitter has priced its widely-anticipated IPO at $26/share, with 70 million shares expected to begin trading today on the New York Stock Exchange (NYSE) after the 9.30am ET opening bell.
The Twitter IPO is just a few days away, and people are flocking to the network to share their views on whether it will be a flop or a failure.
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