Twitter still has a growth problem

A Twitter logo is seen on a computer screen on November 20, 2017. (Photo by Jaap Arriens/NurPhoto via Getty Images)

If you read enough of the news, you would possibly assume that Twitter (and its CEO) is laying dead within the water for all to see. But, in its most recent financial statements, the corporate is proudly declaring that it isn’t dead yet, and may not be for some time. Within the last 3 months, Twitter’s user numbers rebounded and its operating financial gain continued its slow, but steady, rise.

According to its own, slightly opaque math, Twitter went from 126 million to 134 million daily users within the last 3months. Those are “Monetizable Daily Active Users,” namely people who use the site on a daily basis and that ads can be sold against. Twitter’s domestic user figures went from twenty seven million last quarter to twenty-eight million in this, however saw international usage leap from ninety nine million in q4 to one hundred and five million now.

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Twitter shares surge 17th as users rise

Shares in Twitter have surged over 17th when the firm reported rising numbers of users and higher revenues, days after its chief executive promised to improve how it tackles online abuse.

The company’s revenue rose to $787m (£605m) in the first quarter, up eighteenth from a year earlier.
The number of daily active users rose eleventh to 134 million.
The results prompted criticism from U.S.A. President Donald Trump, who accused the platform of political “discrimination”.
The firm’s founder, Jack Dorsey, has said he regrets that Twitter’s style encourages “outrage”.

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