☰

Bolsa, mercados y cotizaciones

Twitter forecasts soft fourth-quarter revenue, shares slide


    SAN FRANCISCO (Reuters) - Twitter Inc's quarterly revenue surpassed expectations but it forecast fourth-quarter sales that may miss targets, sending its shares more than 8 percent lower.

    On Monday, the messaging service reported revenue more than doubled to $361 million in the third quarter, beating an average forecast for $351.4 million. But it projected sales of between $440 million and $450 million in the holiday quarter, versus expectations for around $448.8 million.

    (Reporting by Edwin Chan; Editing by Chris Reese)