Twitter Guides Sharply Lower; Shares Menaced in After-Hours Tragedy

The company reported 310 million monthly users vs the consensus of 308 million. Both revenues and earnings, going forward, will be an abomination. As such, shares of TWTR are knifing lower in the after-hours, off by 10%.

Twitter sees Q2 revs $590-610 mln vs $677.39 mln Capital IQ Consensus Estimate; EBITDA $145-155 mln

I am ignoring what the company is saying in the after-hours, trying to stem the flow of sellers out of the stock. This company has done nothing but disappoint since coming public.

This company is being grossly mismanaged. Fire Jack now.

Via briefing
Reports Q1 (Mar) earnings of $0.15 per share, $0.05 better than the Capital IQ Consensus of $0.10; revenues rose 36.5% year/year to $595 mln vs the $607.55 mln Capital IQ Consensus.
MAUs comes in at 310 mln, street expectations were for 308 mln
Advertising revenue totaled $531 million, an increase of 37% year-over-year. Excluding the impact of year-over-year changes in foreign exchange rates, advertising revenue would have increased 39%.
Mobile advertising revenue was 88% of total advertising revenue.
Data licensing and other revenue totaled $64 million, an increase of 34% year-over-year.
U.S. revenue totaled $390 million, an increase of 35% year-over-year.
International revenue totaled $204 million, an increase of 39% year-over-year. Excluding the impact of year-over-year changes in foreign exchange rates, international revenue would have increased 46%.
Co issues downside guidance for Q2, sees Q2 revs of $590-610 mln vs. $677.39 mln Capital IQ Consensus Estimate; Adjusted EBITDA is expected to be in the range of $145-155 mln.
Co reaffirms FY16 Capital expenditures guidance to be $300 to $425 million; Adjusted EBITDA margin in the range of 25-27%.