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$TWTR said total monthly active users (MAU) was 310MM for 1Q16, which compares favorably to the 305MM reported for Q415 and was up 3% YoverY. Growth was driven by both seasonality and marketing initiatives. Mobile MAUs represented 83% of total MAUs. Total advertising revenue grew 37% YoverY, or 39% on a constant currency basis.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.