After three profitable quarters in a row,xxx tv show Twitter has finally proven to investors it knows how to earn money. Unfortunately, it hasn't proven it knows how to keep its user base from declining.
In its Q2 2018 letter to shareholders, Twitter said it recorded a $100 million of net income and $711 million in revenue, a 24% year-over-year increase.
However, despite an 11% year-over-year growth in dailyactive users (the company did not provide an exact figure for this metric), Twitter had 335 million total average monthly active users (MAUs), down from 336 million in the previous quarter.
SEE ALSO: The biggest winners and losers after Twitter's massive purgeThe rise in profitability comes partially from favorable impact of foreign exchange rates and partially from strong growth in advertising profits, especially from video ads.
The stagnant user base is another matter. Monthly active users have been lingering around 330 million for a year now, and the shareholders weren't pleased with the lack of progress, as evident from Twitter's stock price which is currently down 15.28%.
To Twitter's credit, the dwindling user base is partially due to its own measures to battle spammy and malicious accounts.
"In Q2, we introduced new tools to address behaviors that distort and distract from the public conversation, and they’re having a positive impact — results from early experiments show a 4% drop in abuse reports from search and 8% fewer abuse reports from conversations, indicating that fewer people may be seeing tweets that disrupt their experience on Twitter," the shareholder letter says. Worse, Twitter expects monthly active users to decline further in Q3, to the tune of "mid-single-digit millions."
Twitter's battle against spam is a much-needed one, but it'd still be nice to see more actual, live, non-malicious persons joining the platform.
Twitter's earnings report comes two days after Facebook's stock dropped 19 percent — wiping $119 billion off the social media giant's market cap -- following an earnings report that showed daily active users flatlining overall and actually dropping in Europe.
Topics Social Media X/Twitter
Previous:Poison Ivies
Next:Revolutionary Redux
AMD reportedly drops Samsung 4nm orders, moves to TSMC’S Arizona fab · TechNodeTencent, Huawei, Baidu Fuel the Rise of China’s CloudJD.com expands offline footprint with new Beijing mega mall · TechNodeiPhone Pro now eligible for China’s national subsidy program · TechNodeChina sees 400% yAMD reportedly drops Samsung 4nm orders, moves to TSMC’S Arizona fab · TechNodeHuawei unveils HarmonyOS 6 beta at HDC 2025 · TechNodeBeijing orders EV quality checks in price war crackdown · TechNodeChina's GAC starts preNVIDIA reportedly to launch cutGreat Wall Motor’s CEO goes public criticizing BYD over unfair competition · TechNodeNVIDIA reportedly to launch cutChina drafts rules to govern hidden door handles following Xiaomi EV crash · TechNodeLuo Yonghao's digital avatar draws over 13 million viewers in AIFour Chinese companies plan to build EVXunlei acquires maleChina’s Xpeng aims to double sales and break even this year: CEO · TechNodeChina’s GAC sells five EV models in Brazil with view to local production · TechNodeLuo Yonghao's digital avatar draws over 13 million viewers in AIChina shelves restructuring plan to merge Changan and Dongfeng · TechNode Men of the people Donald Trump and Nigel Farage pose in golden elevator 'Avengers' cast is assembling against Donald Trump on Twitter Nintendo: An interview with the director behind Labo VR Kit Tourists flock to see Donald Trump Joe Biden plotting against Trump is the meme America needs Apple Pay adds nonprofit donations and the timing is totally a coincidence Summer movie preview 2019: Our top 6 picks The Carolina Panthers used video games to announce their 2019 schedule Keep your legs warm with your quotes from your favorite books Donald Trump refuses to be a gracious winner 'Game of Thrones' episode 2 bingo card: PHOTO 'Heaven's Vault' review: A promising game that tries to do too much Bernie Sanders told Stephen Colbert America needs to 'stand together and fight' Lyft's new TV ads take aim at Uber People are boycotting companies that endorse Donald Trump Samsung's Galaxy Fold makes a great first impression (when it doesn't break) After an Easter terror attack, Sri Lanka cuts access to social media Summer movie preview 2019: Dramas to watch out for We made a bracket to determine who should survive 'Avengers: Endgame' Apple's new iPhones will reportedly have a 12
1.8155s , 8198.796875 kb
Copyright © 2025 Powered by 【xxx tv show】,Miracle Information Network