Twitter revenue grows, but no one’s signing up any more

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Nobody new wants to use Twitter

Twitter had 316 million monthly active users for the June quarter, up from 308 million in the previous quarter, according to the company’s latest earnings report on Tuesday. Most of that growth, however, came from SMS users rather than those who use Twitter’s applications on desktop, smartphones and tablets

Excluding that camp, Twitter added just two million more core monthly active users

And that makes Twitter’s new, bearded interim CEO Jack Dorsey very unhappy

“Our Q2 results show good progress in monetization, but we are not satisfied with our growth in audience,” Jack Dorsey, Twitter’s interim CEO, said in a statement …

More about Twitter, Jack Dorsey, Stocks, and Business …read more

Via: Mashable: Business

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