{"id":239891,"date":"2021-04-30T14:45:36","date_gmt":"2021-04-30T11:45:36","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/twitter-stock-falls-after-weak-quarter-miss-on-user-growth\/"},"modified":"2021-04-30T14:45:36","modified_gmt":"2021-04-30T11:45:36","slug":"twitter-stock-falls-after-weak-quarter-miss-on-user-growth","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/twitter-stock-falls-after-weak-quarter-miss-on-user-growth\/","title":{"rendered":"#Twitter stock falls after weak quarter, miss on user growth"},"content":{"rendered":"

“#Twitter<\/a> stock falls after weak quarter, miss on user growth<\/strong>”<\/p>\n

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Shares of Twitter fell more than 15 percent after the social media company missed on user growth in the first quarter and offered lower-than-expected revenue estimates for the future.\u00a0<\/p>\n

The company said after market close Thursday that its average monetizable daily active users rose 20 percent year-over-year to 199 million, but analysts expected 200 million. Despite the disapp<\/a>ointing user growth figures, Twitter beat expectations on revenue and earnings, though it wasn\u2019t enough to convince investors.\u00a0<\/p>\n

Twitter reported $1.04 billion in revenue for the first quarter, up 28 percent from $808 million a year ago, when the pandemic began to hit corporate earnings. Twitter booked a profit of $68 million in the quarter, up from a $8.4 million loss a year ago.\u00a0<\/p>\n

In another blow to investor sentiment, Twitter announced guidance for the second quarter that was on the lower end of expectations.\u00a0<\/p>\n

The company said it expects revenue between $980 million and $1.08 billion in the second quarter, while analysts were hoping for guidance of $1.06 billion.\u00a0<\/p>\n

\"Jack
On the topic of content moderation, CEO Jack Dorsey said he doesn\u2019t think Twitter should be \u201cthe arbiter of all these things.\u201d\u00a0<\/figcaption>
Getty Images for Chrome Hearts<\/span><\/figcaption><\/figure>\n

On a conference call with analysts, Twitter CEO Jack Dorsey also offered some insight into how the company is thinking about content moderation. The company has faced criticism for suspending accounts, including that of The Post, and limiting the reach of stories that it deems violate its rules. Though some say it\u2019s failed to clearly define its platform rules.\u00a0<\/p>\n

Dorsey said the company wants to give users more tools to contribute to content moderation because he doesn\u2019t think Twitter should be \u201cthe arbiter of all these things.\u201d\u00a0<\/p>\n

\u201cIt should be more of the wisdom of the crowds and we\u2019re trying to find that right balance,\u201d he said.<\/p>\n

\"Donald
Twitter has been a different place since the permanent ban of former President Donald Trump.<\/figcaption>
Getty Images<\/span><\/figcaption><\/figure>\n

The earnings offered investors their first glimpse into how the company could perform without former President Donald Trump, who was banned from the platform after the Jan. 6 riots at the Capitol. <\/p>\n

Trump used the social media platform more than any other elected official and in an unmoderated way that some have credited with helping Twitter grow in recent years.\u00a0\n <\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Twitter stock falls after weak quarter, miss on user growth” Shares of Twitter fell more than 15 percent after the social media company missed on user growth in the first quarter and offered lower-than-expected revenue estimates for the future.\u00a0 The company said after market close Thursday that its average monetizable daily active users rose 20…<\/p>\n","protected":false},"author":1,"featured_media":239892,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/04\/twitter-77.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[103964,70237,4976,10401],"class_list":["post-239891","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-4-30-21","tag-corporate-earnings","tag-social-media","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/239891","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=239891"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/239891\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/239892"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=239891"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=239891"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=239891"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}