Spigot Inc – Twitter Beats Expectations in Revenue

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Spigot Inc – Twitter Beats Expectations in Revenue

Although Twitter continues to grow and exceed expectations in revenue, user growth fell flat in 2nd quarter this year. Spigot Inc shares the story from Adweek.

“After a couple of promising quarters showing an increase in user growth, Twitter once again seems to have fallen flat, with monthly active users failing to gain momentum.

In the company’s second-quarter earnings released today, Twitter said its monthly active users total remained at 328 million even while its overall revenue beat Wall Street’s expectations. However, it did say daily active users in the top 10 markets grew 12 percent year over year, but it wouldn’t disclose how many DAUs it actually has.”

Read the entire story here

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2017-07-27T14:18:37+00:00 July 27th, 2017|

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