Twitter's net loss narrowed to $136.7 million, or 21 cents a share. Profit excluding certain items was 7 cents, compared with the 4 cents analysts estimated. The company reported 316 million monthly users, while Facebook has 1.4 billion. Twitter's user count was 304 million without counting feature-phone users in emerging markets. Twitter is working on a marketing campaign to attract more users and has a plan named Project Lightning to create channels for live events. The company forecasted third-quarter sales of $545 million to $560 million and full-year revenue of $2.2 billion to $2.27 billion. Two product executives announced their departures amid the CEO transition.
doj/DataSet10/EFTA01374595.pdf
{"key_people":["Noto","Todd Jackson","Christian Oestlien","Sarah Frier","Jillian Ward","Reed Stevenson"],"document_type":"media","key_locations":["San Francisco"],"key_organizations":["Twitter","Facebook Inc.","Dropbox Inc.","Google's YouTube"]}