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Twitter Beats on Revenue, Will Cut 9% of Workforce

Twitter Beats on Revenue, Will Cut 9% of Workforce

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The video discusses Twitter's market performance, highlighting a 5% pre-market rise and key figures such as 317 million monthly active users. It notes that Twitter beat estimates but is not providing specific revenue guidance for the year. The company plans to cut 9% of jobs, add syndication partners, and reorganize its sales force without offering guidance for the fourth quarter or full year.

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5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in Twitter's pre-market performance?

3%

5%

10%

7%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many monthly active users did Twitter report?

317 million

300 million

350 million

250 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What decision did Twitter make regarding its revenue guidance?

Guidance only for the fourth quarter

Guidance only for the full year

No guidance for the full year and fourth quarter

Provided detailed guidance

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of jobs is Twitter planning to cut?

12%

7%

9%

5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of Twitter's future plans mentioned in the transcript?

Add more syndication partners

Increase advertising budget

Expand into new markets

Launch a new product line

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