Twitter has released first quarter financial results, revealing a US $132 million net loss, or 23 cents per share.A lot more, in light of its 2013 net loss of US $27 million, or 21 cents per share.Adjusted earnings were of US $183 thousand compared to a Non-GAAP net loss of US $11 million in the same period last year.
Twitter has released first quarter financial results, revealing a US $132 million net loss, or 23 cents per share.A lot more, in light of its 2013 net loss of US $27 million, or 21 cents per share.Adjusted earnings were of US $183 thousand compared to a Non-GAAP net loss of US $11 million in the same period last year.
What: Twitter reported its slowest pace of growth in users in recent company history. The Q4 2013 earnings result sent the stock tanking this morning
Twitter’s ad business is eventually showing some growth, this is still not enough. CEO Dick Costolo considers the company needs to make itself accessible and useful to the masses. He aims to make the service more welcoming to new users and more “indispensable” to existing ones.