Twitter: The bears sweat the details
MINYANVILLE Credit: MINYANVILLE
Twitter is taking an absolute beating post-earnings, mostly because of one measly stat: Its quarter-over-quarter growth in monthly active users fell to just 4% from 6% in Q3.
Incidentally, Facebook's quarter-over-quarter growth fell to 4% in the second quarter of 2013.
But at that time, Facebook had over 1.1 billion users.
As of the fourth quarter reported yesterday, Twitter was at the 241-million-user mark, and concerns are growing about the company's ability to grow that number:
But despite the company's challenges in its user population, Twitter saw a drastic increase in monetization, as revenues grew 44% quarter-over-quarter to $243 million, smashing the $218 million consensus.
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