July 27, 2017 / 11:53 AM / 22 days ago

BUZZ-Twitter Inc: 2nd-qtr results disappoint

** Twitter's shares down 9.1 pct at $17.85 premarket and on track to shed roughly half of ~20 pct YTD gains

** Microblogging website fails to add users on a monthly basis in Q2, vs Q1, hurt by fierce competition from Facebook and Snap Inc's Snapchat

** TWTR adds 328 mln monthly active users, below FactSet's consensus estimate of 328.8 mln

** Twitter's Q2 loss widens as it took a $55 mln impairment charge

** Revenue slips 4.7 pct to $573.9 mln, the second time it has fallen since TWTR's 2013 debut

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