Advertisements

TWITTER Increases Revenue Despite Lacking New Users

February 5, 2015 — Twitter’s fourth quarter revealed an increase in revenue, but for the first time since her IPO, showed a lack of user growth.

Initially analysts expected a $453.1 million return, but Twitter closed their quarter at a whopping $453.1 million. As a result, the news brought about an increase in the company’s already incredible stock value. Speculation leads us to believe it is the aid of Twitter’s new innovative features which have caused the extra profitability.

Features the likes of ‘While you were away‘, and group direct messaging have definitely elevated the service! The one problem which remains is how the site isn’t attracting new users. Interestingly, those it does nab nearly all come from outside US borders, making this quarter also the first with negligible US growth since Twitter’s public debut.

Naturally, investors aren’t exactly thrilled by this newest report. According to GigaOM, Twitter’s user growth is moving at a snails pace, “Twitter’s growth is slowing,” on analyst reported on the site’s blog, “It only grew 1.4 percent from the third quarter to the fourth quarter, which is its slowest user growth quarter-over-quarter in the history of it being a public company”.

Only time will tell what is to come for the social networking staple. Some are calling for CEO, Dick Costolo,  to step down. However, co-founder of Twitter, Jack Dorsey, has been adamantly taking to his own twitter to argue against this assertion.

 

Cover image via

Advertisements

Tags: , , , , , , , , , ,

Categories: Stuff We Found on the Internet that is Cool.

Author:Paige Six

Blogger at coiledrose.wordpress.com. The Product Manager & Chief Operating Officer over at Another Castle. A Writer & Editor for Ladies of the Roundtable. Contributor to Aggressive Comix, Attack of the Fanboy, and so many more!

Stay Connected

Subscribe to our RSS feed and social profiles to receive updates.

2 Comments on “TWITTER Increases Revenue Despite Lacking New Users”

  1. 02/06/2015 at 9:35 AM #

    Reblogged this on Coiled 薔薇 Rose.

Trackbacks/Pingbacks

  1. Month of February Archive | Coiled 薔薇 Rose - 03/03/2015

    […] TWITTER Increases Revenue Despite Lacking New Users […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: