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  • Twitter disappoints investors as user growth hits wall

    Twitter Inc (TWTR.N) reported its first quarter with no growth in users since it went public, stoking fresh concerns on how long it will take for the company to reverse the trend.

    The stalled growth in the average number of active monthly users came despite a series of changes to make Twitter easier and more engaging.

    While the company said it is taking additional steps - including launching changes to the timeline of tweets earlier Wednesday - it told investorshttp://images.intellitxt.com/ast/adTypes/icon1.png not to expect immediate results.

    "Our work will take time" before the company can create long-term shareholder value, said Executive Chairman Omid Kordestani on a call with analysts.


    More: http://www.reuters.com/article/us-tw...-idUSKCN0VJ2K1

  • #2
    Twitter's CEO making big product changes, but users not wowed


    Since returning to Twitter Inc in July, Chief Executive, Jack Dorsey has made a handful of dramatic changes to the micro-blogging service - and promised more.

    But the new features so far have been unsuccessful at doing the one thing Wall Street wants most: getting more people to use the service.

    Analystshttp://images.intellitxt.com/ast/adTypes/icon1.png say Twitter's stock price, which has reached record lows, is unlikely to rise until the company shows significant user growth.

    "They've been a public company long enough where they should have been able to increase the user base and fix a lot of the product issues to appeal to a larger audience," said Blake Harper, Topeka Capital Markets analysthttp://images.intellitxt.com/ast/adTypes/icon1.png.


    More: http://www.reuters.com/article/us-tw...-idUSKCN0VK04W

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