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9 alarming quotes from Twitter's earnings call that have Wall Street spooked

Jul 29, 2015, 05:36 IST

Reuters/Mike Blake

Twitter's management outlined a long list of problems with the product and the business during its Q2 earnings call.

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The company believes all of these problems can be overcome (eventually) and that Twitter will once again recapture its glory days. You could even speculate that the company purposely unloaded all the bad news now to re-set the bar and clear the deck for whoever is tapped to be the next CEO.

But for investors worried about the social network's growth potential and its appeal to a mainstream audience, the company's catalog of woes was certainly not reassuring.

Twitter's stock is down 12% in after-hours trading.

Here are some of the key quotes that Twitter interim CEO Jack Dorsey and CFO Anthony Noto made during the Q2 call that have Wall Street spooked:

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No impact from new products :

Stalling user growth:

"We do not expect to see sustained meaningful growth in MAU [monthly active users] until we start to reach the mass market. We expect that will take a considerable period of time."

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