Zynga's new games and platform had better expand its audience, because monthly active users have basically been flat for the last year and a half, according to the company's IPO filings.
Zynga's revenue has grown despite the flat lining user growth. The company is doing a good job of wringing sales out of its users.
reported After the bell this afternoon, Twitter reported its maiden earnings as a public company, with fourth-quarter revenue of$242.7 millionand earnings per share of$0.02 (non-GAAP). Analysts had expected Twitter to lose two cents per share on total revenue of$217.82 million.
Words With Friends game maker Zynga announced that it is acquiring U.K.-based gaming company NaturalMotion for $527 million in cash and equity. The company also announced that it would be laying off about 15% of its workforce — that comes out to roughly 314 employees.
Facebook today announced that it will acquire WhatsApp for a combined$16 billion in cash and stock. WhatsApp’s employees pick up an additional$3 billion in restricted stock units as part of the deal. Wall Street investors are seemingly not pleased and have sent Facebook’s shares down 5 percent in after hours trading. They could be worried about potential dilution stemming from the deal.
Twitter’s growth has slowed substantially in the United States and Europe, and on Friday, nervous investors sent the company’s stock to its lowest closing price since it first sold shares to the public in November.
. Gross bookings were $641.1 million, which is up from the previous quarter of $632 million. EPS was $0.61 versus analyst estimates of $0.57.Monthly active users were 481 million, up from the previous quarter which had 408 million monthly active users. Daily active users were also up: 143 million versus 124 million the quarter before.
Twitter today reported its first quarter as a publicly listed company, and while the market may be punishing it a bit for slower overall user growth (despite handily beating financial expectations ), Twitter’s mobile story continues to be a strong one. Twitter said that mobile monthly active users stood at 184 million for Q4 2013, up 37% on a year ago. Given that overall users were 241 million, that makes mobile 76% of overall users. Twitter doesn’t break out how many of its mobile users are mobile-only, although they may spell out more detail on the earnings call later. Crucially, mobile continues to grow faster than the bigger mix: overall user growth was up by only 30%. The 3:4 ratio is also being reflected in revenues. Twitter says that mobile ads now make up some 75% of all of its ad sales.
Twitter is still dealing with the same problem it's had since its inception. It's not a mainstream social network like Facebook, but a niche product for plugged-in folks obsessed with media, tech, and instant news and commentary. In its earnings report Tuesday, Twitter once again showed that user growth is not that impressive.
Twitter is struggling to convince Wall Street that it is still a company with plenty of potential to grow, Nicole Perlroth reports.In its second earnings announcement as a public company, Twitter said on Tuesday that it had more than doubled its revenue, beating its own forecasts and the expectations of investment analysts.
I don’t know if I’d be able to have the authority to do that job,Another consideration: Instagram has already gone through an explosive period of growth and despite testing a few ads, it doesn't seem fully ready to launch its monetization efforts. This makes it unclear what impact a new head of Instagram could actually make.
After dropping like a rock since the company reported earnings almost two weeks ago, Twitter stock is making a slight recovery today. It was up about 2% as of 10 a.m. at $32.68 per share. Part of the bump can be attributed to analyst Robert Peck of SunTrust upgrading Twitter from neutral to a buy with a $45 price target.
Facebook didn't stop at 1 billion. The social network now boasts 1.23 billion monthly active users (MAUs), according to its latest earnings report . It's one of the most important metrics for Facebook, and it continues to grow every quarter. Here's a look at Facebook's MAU growth from Business Insider Intelligence.
For the second day in a row, Twitter stock is dropping hard. As of 1 p.m., it was down over 5%, trading slightly above $30 per share. Tuesday was a horrible day for Twitter . It fell nearly 18%. Part of the reason why Twitter fell so much is because the employee lockup period expired Tuesday. Many employees likely cashed in their stock.
Although the company reported earnings of $0.02 per share — above analysts' consensus estimate of a loss of $0.02 per share — and revenues came in atMonthly active users were 241 million, up only 9 million from the previous quarter. In the U.S., Twitter grew its user base by only 1 million.Today's drop sees shares trading at the lowest level since December 12.
Twitter has revealed its Q4 2013 and fiscal year 2013 financial results, the first since the company's IPO, with revenue up an impressive 116-percent year-on-year. Q4 revenue reached $243m, Twitter announced , though monthly active users slowed, amounting to 241m at the end of the quarter, little more than the 232m at the end of Q3.
Twitter will report earnings as a public company for the first time this afternoon. It should be a wild ride: Analysts are all over the place with their estimates , according to Barron's:In the absence of a clear view on Twitter – difficult when the 27 analysts who follow it are sharply divided on earnings – it is probably best to treat Twitter like a spring-loaded mystery.
Every quarter, Facebook executives go into great detail about the company’s financial condition for investors: revenue, profits, user growth, new types of advertising, how many users log on via mobile devices, even whether Facebook is losing popularity with teenagers.But they are strangely coy about Instagram, the mobile photo and video sharing service that Facebook bought in April 2012.
EPS is $0.37, up 5% on a year-over-year basis, but below expectations of $0.38.Our top priority is revenue growth and by that measure, we are not satisfied with our Q2 results ... we need to work faster to ameliorate the negative trends."While search and mobile advertising grew, display advertising on the desktop declined.The stock was up 2% when the release first hit.