InsightsMixed results for Twitter’s Q3 data

Mixed results for Twitter's Q3 data

Twitter has reported mixed results for Q3 2014, adding 13m to its flock and reporting a healthy profit. However, user-base growth is slowing, engagement is down and investors are dwindling.

Twitter has reported mixed results for Q3 2014, adding 13m to its flock and reporting healthy profit, however growth is slowing, engagement is down and investors are dwindling.

The better-than-expected fiscal findings recorded Q3 2014 revenue of $361m, beating Wall Street consensus estimates of $351 million.

Twitter’s expanding flock increased by 13m to 284m worldwide, representing an increase of 23% year-over-year and a 4.8% growth between Q2 and Q3.

However, this represents a slow in growth when compared to Q1 to Q2 of 2014 when Twitter’s monthly active user base grew by 6.2%.

Despite positive financial findings and growth, investors were unimpressed, perhaps due to a slowdown in growth and engagement data. This quarter, Twitter said active timeline views per monthly active user dropped 4% in the US year-over-year — 9% for international monthly active users.

Following its earnings announcement, Twitter’s stock fell on the earnings report, dropping more than 9% in after-hours trading.

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