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posted by
cmn32480
on Thursday October 29 2015, @09:09AM
from the 140-characters-should-be-enough-for-anybody dept.
from the 140-characters-should-be-enough-for-anybody dept.
Twitter reported a rise in revenue for the three months to September but the pace of growth in active users was the slowest since it joined the stock market in 2013.
Twitter had 320 million average active monthly users, up from 316 million the previous quarter, below investor hopes.
The social networking site reported revenues of $569m, up 58% from $361m during the same period last year.
The company's shares fell 11% after the results announcement.
Revenues up, active users up, shares down.
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Twitter Shares Fall 11% On Results
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QOTD:
"My life is a soap opera, but who gets the movie rights?"
(Score: 2, Insightful) by Anonymous Coward on Thursday October 29 2015, @11:35AM
It's almost like growth is unsustainable on online services once you hit a billion people! Wow! Who'd have thought?
Also, playing the tired 'anti-harassment' game shows your partisan intentions, twitter. Why would I ever trust you now?