Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday July 26, 2016

Twitter's Growth Remains Flat As Its Profit Continues To Dip

Twitter posted another loss. Make fun of Twitter all you want for having never turned a profit but, you have to admit, at least the company is consistent when it comes to posting massive losses. big grin

Twitter's Q2 2016 earnings report tells a story we've heard many times before: namely, flat growth and a net loss in terms of profit. For the quarter ending June 30th, Twitter saw revenue of $602 million but a net loss of $107 million. The service boasted 313 million monthly active users, up 3 percent over the previous year. Last quarter, Twitter reported 310 million monthly active users.