(credit: Shawn Campbell) Although Twitter posted revenue of $710.5 million (PDF) in the fourth quarter of 2015—a result that narrowly surpassed the company’s high-bar projection from the previous quarter—the social media company posted a net loss of $90 million for the fourth quarter. Worse, however, were the company’s user base statistics. Twitter reported that its Monthly Average Users (MAU) essentially remained flat from Q3 to Q4, but if Twitter subtracted its SMS-only customers (who are largely based in India and Brazil, and don’t see ads the way mobile customers do), that MAU number fell to 305 million per year, down from 307 in the previous quarter. Twitter executives were quick to point out, however, that the monthly active user base had increased in January to Q3 levels.
BING NEWS:
- Threads Surpasses 150 Million Monthly Active Users, Mark Zuckerberg Reveals
In Meta's latest earnings call, CEO Mark Zuckerberg announced that Threads, the social network's rival to Twitter and X, has reached a milestone of over 150 million monthly active users. This marks a ...
04/25/2024 - 3:45 am | View Link - Spotify reaches record high earnings — but misses target on monthly active users
Spotify’s quarterly gross profit topped $1.1 billion for the first time after it reined in marketing spending, although that meant the music streaming giant missed its forecast for monthly active ...
04/23/2024 - 9:54 am | View Link - Spotify's monthly user numbers miss estimates on lower promotions
STOCKHOLM (Reuters) - Spotify on Tuesday reported quarterly monthly active users (MAU) below its own estimates, as the Swedish music streaming company chose to boost profit instead of spending more on ...
04/22/2024 - 11:43 pm | View Link - Spotify’s stock gains as monthly active users fall short but margins improve
Spotify SPOT, -1.30% had 615 million monthly active users for the first quarter, up from 602 million in the fourth quarter and 515 million in the prior year’s first quarter. Analysts were looking for ...
04/22/2024 - 11:34 pm | View Link - Should You Buy Robinhood Stock Hand Over Fist With $100 in 2024?
Even more alarming, the company's monthly active user base shrunk by 4% in Q4 on a year-over-year basis. Again, when investor enthusiasm is high, like it has been since the start of 2023 ...
04/14/2024 - 7:30 pm | View Link - More
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