October 27, 2015 5:27 PM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
(NYSE: TWTR) reported better-than-expected earnings for the third quarter, but the company issued a weak revenue forecast.The company posted a quarterly net loss of$131.7 million, or $0.20 per share, versus a year-ago loss of $175.5 million, or $0.29 per share.Its revenue surged to $569.2 million from $361.3 million. However, analysts were expecting earnings of $0.05 per share on revenue of $559.68 million.Its total monthly active users climbed 11 percent year-over-year to 320 million.The average estimate among 377 Estimize users was for earnings of $0.06 per share and revenue of $560.52 million."We continued to see strong financial performance this quarter, as well as meaningful progress across our three areas of focus: ensuring more disciplined execution, simplifying our services, and better communicating the value of our platform," CEO Jack Dorsey said.For the fourth quarter, the company expects revenue of $695 million to $710 million, versus analysts' estimates of of $741 million.Twitter shares dropped 10.18 percent to $27.80 in the after-hours trading session.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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