Twitter Thursday, presented figures for the quarter ended December 31.
Some of the expectations were surpassed, despite minimal user growth. The share price on the New York Stock Exchange is up 9 percent in extended trade.
From October to December the company lost $ 125 million. There is a lot of money, but the deficit was sharply reduced from earlier. The year before they burned over half a billion dollars in the same quarter.
The company’s revenues have doubled, up from $ 243 million to $ 479 million, compared to the same quarter last year.
Stagnation
Some of the investors follow closely the number of active users, which of course is crucial for opportunities to earn money. Mainly through advertising, but Twitter servant increasingly also to sell access to the data stream, which license with Google digi.no mentioned yesterday.
The item “data licensing and other revenues” are doubled to $ 47 million. This makes Thus about 10 percent of company sales.
Unfortunately for Twitter has long been using growth rather lackluster. It still. Overall, they have now 288 million users a month, up just 1.4 percent from the previous quarter.
admits bullying problem
CEO Dick Costolo has designated bullying or so-called net roll as a problem, which helps to prevent user growth, according to an internal memo The Verge has procured.
According to the note taking Costolo even the blame, saying he is embarrassed that the company has not been better to fight trolls no, that obviously repulsive to many users.
– Dealing our abuse and trolling platform sucks, and we have done a lousy job for years. It is no secret and the rest of the world is talking about it every single day. We lose core uses for nuclear use by not fighting trolls problems they encounter every day. I’m ashamed of how badly we have handled this in my time as CEO. It is absurd and there are no excuses for this, he writes.
Laws safer Twitter
Costolo promises to take action. According memorandum shall Twitter start throwing bullies out of the social network.
– We will begin to throw these people out in a large degree, and make sure that when they serve their ridiculous attacks, so nobody hears them, he thunders.
In December launched Twitter new tool to report harassment and better opportunities for blocking people, but now they therefore step up their assault.
Twitter gave Yesterday also a forecast for the coming period. In the first quarter they expect revenue in the range of 440 million to 450 million dollars. For the full year between 2.3 and 2.35 billion dollars.
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