Even Instagram surpassed Twitter in September, growing to 400 million users.
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In the past year, the stock has fallen almost 70 percent and investors are looking for long-term growth from Twitter.
THE MAIN CHANGE Twitter has been showing tweets from people and organizations you follow in chronological order, with the newest tweets up top. The company estimated revenue of $595 million to $610 million in the current quarter.
Other numbers to come out of the Q4 report is that Twitter’s advertising revenue was US$641-million, an annual increase of 48% while mobile advertising revenue was 86% of total advertising revenue.
Immediately after the results were announced, Twitter shares fell 10% in after-hours trading, before recovering to a 3% loss. It’s also viewed as a hotbed of abusive behavior, which intimidates both new and existing users.
The number of Twitter users has shrunk slightly, the company revealed Wednesday in the release of its fourth quarter earnings report for fiscal year 2015. Twitter said key engagement metrics such as time spent on the site are trending positively.
Analysts surveyed by FactSet are expecting adjusted earnings of 12 cents a share, which would be flat compared with the same quarter a year earlier.
And some analysts have said the earlier efforts, including Moments, which showcases Twitter’s best tweets and content, have not taken off. User growth was expected to climb by 2 million users. While Twitter’s attempts to be more “user-friendly” are not unfounded (since a lot of people using Twitter are likely also using Facebook, a lot more people will be accustomed to the changes), I am left wondering: Can Twitter execute well on its changes? Readers would note that less than a year ago, Twitter has introduced Highlights, a feature which would push rich notifications to its users to catch up on relevant stuff relevant.
Twitter’s fourth-quarter loss narrowed to $90.2 million or $0.13 per share from last year’s loss of $125.4 million or $0.20 per share.
He also emphasized that while he’s committed to keeping Twitter a real-time product, he’s also dedicated to making it more accessible. That choice began to slowly roll out to Twitter accounts Wednesday.
Twitter Inc co-founder and CEO Jack Dorsey speaks at a campaign fundraiser for Democratic Candidate for Public Advocate Reshma Saujani, in NY on April 24, 2013.
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“Twitter’s ad revenue is still rising, and the introduction of new ad formats, such as First View, will help it capture more digital video ad dollars”, Debra Aho Williamson, principal analyst at eMarketer, said this week.
