Twitter’s actions have received a lot of attention in recent months. But that doesn’t translate into additional users. However, the company’s turnover is increasing.
Although Twitter received a lot of attention in the past quarter as a result of the American electoral battle, it had to disappoint investors because the company managed to attract only one million new active users during that period.
However, analysts had expected nine million additional users. All this sent the share of Twitter considerably lower after the exchange.
For some time now, Twitter has only been reporting figures on the number of users it can reach with its advertisements daily. That number rose from 186 to 187 million in three months.
Revenue rose 14 percent year-on-year to $ 936 million, while profit fell by more than a fifth in the third quarter to approximately $ 28.7 million.