Twitter improves accounts, but disappoint the market – The Republic

MILAN – Twitter beats analysts’ estimates in terms of profits, but disappoint the market by the number of monthly active users on the microblogging site as well as the estimates for the current quarter. In the last quarter of 2015 twitter it recorded 710.5 million dollars in revenues, up 48.3% compared with 479.1 million the same period the year before. In the same period, the group led by Jack Dorsey has posted a loss of 90.2 million dollars (125.4 a year ago), but net of extraordinary items, Twitter has seen profits of 16 cents per share, beyond the 12 cents expected by the market. Between October and December 2015 the number of users who use the social network at least once per month was € 320 million, unchanged on the three months before and an increase of 9% over the same quarter of 2014. Analysts had been expected 324 million.

net users arriving on Twitter through messaging platforms and tend to reside in the emerging markets, the total dropped on a quarterly basis of two million to 305 million, but rose 6% on an annual basis. For the current quarter, Twitter expects sales to 595 million to 610 million dollars, less than the 627.6 million expected by the market. In the letter to investors, Twitter remember that next month will fulfill 10 years. “A decade! That arch in time we had an incredible impact on culture and society in a way that none of us would ever have dreamed of when we started and we have built a thriving business. Our job now is to get ready to make an impact yet wider in the next 10 years. We are confident that we will succeed. “

the road to reach that goal, at least from the financial point of view, it is uphill. Landed on the stock exchange in November 2013 at $ 26 per share, the stock Twitter reached its highest level in December of that year at $ 74.73. Since then it has lost 80%, the fault of the concerns for user growth. Year to date the decline was greater than 30% and would have been worse if it were not for the group purchase items.

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