Twitter's latest quarterly earnings report looks, at first glance, like a step up from its previous missteps. The company beat Wall Street expectations on user growth, and its expensive video streaming deals appear to be a step in the right direction for the company that wants to replace the live television experience. But as with most things Twitter-related, there is a big catch.
In its forward-looking statements for the third fiscal quarter of 2016, Twitter says it expects revenue of about $590 million to $610 million, which is far lower than the $678 million analyst had expected Twitter to forecast. As a result, the stock took a steep dive. It's now down nearly 10 percent, hovering just above its all-time low.
Twitter's stock is...
