The short message service Twitter is on the hunt for new customers progressed very slowly. In the last quarter of the users increase as since the IPO of the US company in 2013 was so weak from not more.
Investors reacted disappointed and parted from the Twitter shares, which plunged by more than eleven percent on Tuesday in after-hours trading. In the background were otherwise strong quarterly figures, which exceeded analysts’ expectations.
Investors hope that the spark Twitter succeed. But the company is lagging behind other Internet-networks like Facebook, Instagram and snapchat, which increased its customer numbers considerably stronger. The end of June threw Twitter CEO Dick Costolo the towel
His problems interim successor Jack Dorsey has inherited: In period April to June counted Twitter 304 million active users -. only two million more than in the previous quarter. “People around the world know Twitter, but it is not clear why they should use Twitter,” Dorsey said in a conference call with analysts. “This is unacceptable, and we are not so happy.”
Chief Financial Officer Anthony Noto acknowledged problems a, a new audience for the 140-character messages to . win “It’s simple: The product is still too hard to use,” Noto said. “We are expected to have no significant sustained user growth before we reach the mass market.”
Ken Sena from research firm Evercore ISI welcomed the openness of management. “You have given the investors a sense of the challenge,” Sena said. This let hope Twitter difficulties now regards also determined to Debra Aho Williamson added from market researcher Emarketer.
In the past quarter, revenues shot up by 61 percent in the amount to 502 million dollars. He fell as earnings per share before exceptional items of higher than predicted by experts. The net loss shrank slightly to 137 million dollars. For the full year was Twitter from a slightly more optimistic revenue forecast. Accordingly, a range from 2.2 to 2.27 now is (to date: 2.17 to 2.27) billion dollars expected
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