Twitter has revealed a 119% growth in revenue to $250m, with advertising revenue having grown by 125 per cent to $226m, despite user growth slowing with an increase of 5.8 per cent.
The company reported that its user rate had reached 255 million active users during the first quarter, below analyst expectations, which has seen its share price fall as a result, while it also reported a net loss of $132m during the same period. Meanwhile, its timelines reached 157 billion views for the first time, an increase of 15 per cent, while mobile MAUs grew to 198 million during Read full story ›
Source: The Drum
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