No, those were not the best batch of earnings out of the social media realm during Tuesday's after-hours session.
Twitter Inc (NYSE: TWTR) reported Q2 EPS of $0.07 versus the Street estimate of $0.04 on revenue of $502.38 million, which was roughly $21 million higher than the Street estimate of $481.28 million.
Yelp Inc (NYSE: YELP) announced its second quarter results, which included an EPS of $0.12 versus the Street estimate of $0.01. Revenue came in at $133.9 million, which was slightly above the $133.48 million estimate, providing the company with what appeared to be an impressive quarter.
By the end of after-hours trading, Yelp and Twitter were down 16.6 percent and 11.3 percent, respectively. That is not good news for the Global ...
/www.benzinga.com/news/earnings/15/07/5712837/its-all-on-facebook-linkedin-to-help-the-social-media-etf alt=It's All On Facebook, LinkedIn To Help The Social Media ETF>Full story available on Benzinga.com
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