Friday, April 29, 2016

Twitter in search for growth

Twitter is also focusing on the enterprise segment. Earlier this year, they released two new features to help businesses doing customer service on Twitter. They released Direct Message (DMs) prompts in Tweets that make it easy for businesses to reply to a public Tweet and make the conversation a private, direct message to the consumer.

Twitter Explores New Enterprise Offerings

Posted on Friday, Apr 29th 2016 | Disappointing results for the tech sector continued with the announcement of Twitter’s (NYSE: TWTR) quarterly performance. The company continues to struggle to attract a higher user base and is failing to meet market’s revenue expectations.


Twitter’s Financials
Twitter’s Q1 revenues grew 36% over the year to $595 million, falling short of the Street’s forecast of $608 million. EPS of $0.15 was ahead of the market’s projected earnings of $0.10 per share for the quarter.

Source: One million by One million blog

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