Headquartered in San Francisco, CA, Twitter Inc  is a platform that connects a user to a network of people, news, ideas, opinions and information on a global scale. A user can tweet his/her take on any subject in real time, which can be retweeted by others. Tweets are limited to 140 characters.

Zacks Rank: Currently, Twitter has a Zacks Rank#3 (Hold) but that could change following its fourth quarter 2016 earnings report which has just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

We have highlighted some of the key details from the just-released announcement below:

Earnings: Twitter reported adjusted loss per share of 3 cents that came in much narrower than the Zacks Consensus Estimate of loss of 11 cents. Twitter’s users grew from 317 million monthly average users (MAUs) at the end of the third quarter to 319 million MAUs this quarter. Mobile MAUs were 83% of total MAUs.

Revenue: Revenues of $717.2 million missed Zacks Consensus Estimate of $737.7 million Year over year, revenues were up a mere 1%.

Key Stats: In the quarter, the company reported loss from operations to the tune of $143.6 million, much wider from $67.2 million reported in the prior year quarter.

Check back later for our full write up on this TWTR earnings report later!

Zacks' Top 10 Stocks for 2017

In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?

Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold.Be among the very first to see them >>