Tech writer Katie Roof on disappointing financial results

Global Business

Katie Roof2

It’s been a dismal day for the Tech industry with two of its biggest brands revealing disappointing financial results.

Twitter beat fourth quarter earnings per share forecasts by a few cents, with its 710 million dollars in revenue meeting expectations, but its stock is dropping just hours after trading.

That’s after Twitter also said that the number of monthly active users has fallen to 305 million.

Tesla also surprised, but not in a good way.
The electric car maker said it lost money in the fourth quarter, losing 87 cents per share.

Tesla’s shares are surging in after-hours trading when it said it expects to deliver about 80 to 90 thousand vehicles this year.

Katie Roof spoke to CCTV America about the tech industry. Roof is a senior writer and video host at TechCrunch.

Tech writer Katie Roof on disappointing financial results

Tech writer Katie Roof on disappointing financial results

It's been a dismal day for the Tech industry with two of its biggest brands revealing disappointing financial results. Twitter beat fourth quarter earnings per share forecasts by a few cents, with its 710 million dollars in revenue meeting expectations, but its stock is dropping just hours after trading. That's after Twitter also said that the number of monthly active users has fallen to 305 million. Tesla also surprised, but not in a good way. The electric car maker said it lost money in the fourth quarter, losing 87 cents per share. Tesla's shares are surging in after-hours trading when it said it expects to deliver about 80 to 90 thousand vehicles this year. Katie Roof spoke to CCTV America about the tech industry. Roof is a senior writer and video host at TechCrunch.