Wednesday, 10 February 2016
Twitter’s earnings are out, and it’s a mixed bag. On one hand, the company reports revenue of $710 million — an increase of 48 percent versus last year. Unfortunately, that’s met with a GAAP net loss of $90 million (but a non-GAAP net income of $115 million). The real meat of Twitter’s earning lies in its user numbers, which onlookers are eager to see spike. The company reports its average monthly user base is now 320 million, up 9 percent versus last year. But when compared to last quarter, Twitter user numbers are flat. If you exclude its SMS fast…
This story continues at The Next Web
