Twitter not attracting new users


Although Twitter made $710 million in the fourth quarter of 2015, it still isn’t profitable.

Twitter reports that the $710 million in revenue is a 48 percent year-over-year increase. But it still posted a loss of $90 million, though that is better than 2014’s loss of $125 million.

Twitter also reported that the number of monthly active users remained stagnant at 320 million. But if you exclude SMS users that don’t see ads, it looks even worse for Twitter. Worldwide, active users were down by about 2 million between the third and fourth quarters. In the third quarter, Twitter reported 307 million active users, compared with 305 million in the fourth. In the U.S., again excluding SMS users, there were about 66 million active users in the third quarter, while there were only about 65 million in the fourth.

Source: Twitter

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