Tuesday, April 29, 2014

Twitter now has 255 million users, but activity has dropped year over year


Twitter reported its first-quarter results today, posting $250 million in revenue and no profit, with a net loss of $132 million for the period. While that's more than double the revenue it posted for the same quarter last year, investors were more concerned with its user growth. It added 14 million new people, more than last quarter, for a total of 255 million active users. Engagement was also up, an improvement over last quarter's decline. But total timeline views still remain below their 2013 peak, a troubling sign.


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