Twitter just released their earnings for Q1 2014, earnings were actually better than expected. Monthly average user numbers continue to be a problem and disappoint analysts.
Tech Crunch wrote:
Twitter just released its earnings report for the first quarter of 2014, saying it has grown its monthly active user base to 255 million.
Will that be enough to avert more awkward questions about growth during today’s analyst conference call? Well, maybe … but probably not. This means MAUs grew 5.8 percent quarter-over-quarter, which is an improvement compared to the end of 2013, when Twitter only saw 3.9 percent quarter-over-quarter growth. But it’s lower than pretty much any other quarter in the company’s history. (The number also reflects 25 percent growth compared to the same quarter last year.)
Street Insider wrote:
Twitter, Inc. (NYSE: TWTR) reported Q1 EPS of $0.00, $0.03 better than the analyst estimate of ($0.03). Revenue for the quarter came in at $250 million versus the consensus estimate of $241.47 million.
First Quarter 2014 Operational Highlights
- Average Monthly Active Users (MAUs) were 255 million as of March 31, 2014, an increase of 25% year-over-year.
- Mobile MAUs reached 198 million in the first quarter of 2014, an increase of 31% year-over-year, representing 78% of total MAUs.
- Timeline views reached 157 billion for the first quarter of 2014, an increase of 15% year-over-year.
- Advertising revenue per thousand timeline views reached $1.44 in the first quarter of 2014, an increase of 96% year-over-year.