The company is now expecting revenue growth to slow by a “mid-to-high single-digit percentage” in the fourth quarter after a 33.5% gain in Q3.
“We expect our revenue growth rates to decline by high-single-digit percentages from prior quarters sequentially in both Q3 and Q4,” CFO David Wehner says.
At most organizations, culture is over-hyped, under-managed, and of little tangible value.
The switch from a tax on profits would expose the huge U.K. sales of global internet companies to tax authorities.
While changes to Facebook's news feed have reduced usage of the network, higher ad prices offset any loss in revenue.
The plan would have enabled CEO Mark Zuckerberg to maintain control of the company but ran into a shareholder class-action lawsuit.
Using cost discipline, astute capital investments, and operational know-how, these 20 CFOs aim to guide their companies to a growth-filled future.
The social media site added no monthly users in Q2, dashing the hopes of investors after a growth surge earlier in the year.
“Key question: Can Segal help Twitter tell a more convincing story to investors?”
"There is still work to be done to translate [user growth] into revenue growth,” Twitter tells shareholders.
Some analysts are skeptical about Snapchat's parent, pointing to its “aggressive competition” and a “core user base that is not growing by much."
The exchange is hoping to avoid technical glitches ahead of the long-awaited unicorn offering.
