Online Broadband Guide
Online Broadband Guide

Twitter stalls, fails to add new users this quarter

Twitter stalls, fails to add new users this quarter

To be fair, the company is still more or less being gauged on the growth of its monthly active users.

Q2 GAAP net loss of $116 million, an increase of 9% year-over-year, representing a GAAP net margin of (20%) and GAAP diluted EPS of ($0.16).

Twitter, which became a publicly listed company in November 2013, has been looking to increase revenue through live-streaming deals.

Twitter has struggled to win more advertising dollars, with company revenues falling 8 percent, totaling $489 million compared with $535 million in the same quarter past year.

For this quarter, the company projected Ebitda in a range of $130 million to $150 million, which which was a little bit below the average estimate, per FactSet, of $146 million.

Average MAU was 328 million for the quarter, up 5% year-over-year and compared to 328 million in the previous quarter. This has somewhat renewed interest in the stock. Shares of Twitter have gained 18% in the past three months, while the S&P 500 has gained 3.7%.

Twitter's revenue fell for the second quarter in a row as the social network struggled to attract new users. Furthermore, monthly active users in the important USA market dipped by 2 million sequentially, from 70 million in the first quarter to 68 million in the second. Because that bodes really well for future revenue growth. Second is continued strong growth in video with a very strong 2017 digital content new fronts.

Though the company is working hard to bring about a turnaround, it seems that the efforts are still going to take time to yield desired results.

During Thursday's earnings call with investors, Twitter executives pretty much avoided discussing in detail the stagnation of the site's total of monthly active users. But all these are yet to move the needle for Twitter.

It is in stiff competition for advertising dollars with other platforms like larger rival Facebook and Snap Inc's messaging app Snapchat. "It's not a recipe for a stock you want to buy". We believe that the only hope for Twitter to increase revenues is to increase DAUs. Despite all the innovation, there is a single component no tech company can survive without. However, even in the best case, that's still not enough for a $14 billion company. Most importantly, it reveals 4 stocks with massive profit potential.



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