Wednesday, February 05, 2014

Biz Break: Twitter and Pandora plummet after earnings, Yelp gains - San Jose Mercury News

An interesting contrast to Facebook's recent results

"Analysts pointed to Twitter's inability to attract more users to its social network and keep them on the service when they visit. Twitter reported 241 million monthly average users, a 5 percent gain from the third quarter, the smallest sequential subscriber gain yet for the company; and users viewed their timeline fewer times in the fourth quarter than the previous quarter, with 148 billion Timeline views representing a 7 percent sequential decline. Analysts expected 249 million monthly users viewing their timelines 174 billion times.
"What this report will do is it will question how mainstream is Twitter as a platform," Sterne, Agee & Leach analyst Arvind Bhatia told Reuters. "Both in the U.S. and internationally, the monthly active user base did not grow as fast as people thought, and that has an impact on the number of timeline views.""
Biz Break: Twitter and Pandora plummet after earnings, Yelp gains - San Jose Mercury News
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