…But the interesting part was with its user growth — Twitter saw 310 million monthly active users, a 3 percent annual increase, excluding SMS fast followers — Twitter doesn’t account for them in its filings anymore. This is up from the 305 million it reported last quarter. While this is the beginning of the upward momentum Twitter perhaps hoped for, it’s still slow moving.
From a financial standpoint, Twitter has failed to meet Wall Street’s expectations. The company had been expected to bring in $607.84 million in revenue, but only generated $595 million, a 36 percent annual increase. Much of that amount ($531 million) came from advertising, while the rest were from data licensing and other sources
Interesting to see that Twitter got some new users. It’s a slow growth but better than no new users.