Company reports 321 million active monthly users in fourth quarter, a drop of 5 million
Twitter’s share price fell more than 8% in early Wall Street trading as record fourth quarter revenues and the milestone of achieving its first full year of profitability failed to allay investor concerns over a drop in user numbers and a weak revenue forecast.
The social media company reported 321 million monthly active users in the fourth quarter, a decrease of 9 million year-on-year and 5 million lower than the previous quarter.
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