Tencent Technology News According to foreign media reports, Twitter released its financial report for the second quarter of 2017 today. As the number of monthly active users fell short of expectations, Twitter's stock price fell 9% during today's pre-market trading.

In the second quarter, the average number of active Twitter users per month was 328 million, lower than analysts' expectations of 329 million, an increase of 5% over the previous year, but the same as 328 million in the first quarter.

In contrast, the average number of active daily users on Twitter was strong, growing 12% year over year in the second quarter, and maintaining a double-digit increase for the third consecutive quarter.

Ad revenue was $489 million, down 8% from $535 million in the same period last year.

Total revenue was 574 million US dollars, down 5% from the previous year, higher than the 5367 million US dollars predicted by analysts surveyed by Thomson Reuters.

The net loss was $116 million, compared to a net loss of $107 million for the same period last year. Based on non-US GAAP, net profit was $56 million and diluted earnings per share was $0.08.

Research firm eMarketer predicts that Twitter ad revenue will grow 1.6% this year to $2.28 billion, 90% of which will come from the mobile market. eMarketer also expects Twitter's share of the global advertising market to shrink to 1.5% this year.

Currently, Twitter's stock price is still below the IPO price of $26. (Compiled by Tan Ran)