Report: Twitter's user growth was soft in Q2


Twitter's (NYSE:TWTR) monthly active users would've fallen Q/Q in Q2 if not for a World Cup-driven boost, two sources independently tell BI. One source estimates Twitter will report Q2 MAUs in the "very low" 260M range, up only modestly from the 255M Twitter reported having at the end of Q1.

A note of caution: The sources are software developers with access to Twitter's API data, rather than Twitter's internal data. Also, the data is extrapolated from samples, albeit ones containing hundreds of millions of users.

Though far from definitive, the data meshes with the user growth fears that have weighed on Twitter's shares, and motivated the company to make a string of product (and perhaps also management) changes. Twitter's MAUs rose 6% Q/Q in Q1, and 4% Q/Q in Q4.

TWTR -0.6% AH. Q2 results (along with MAU figures) arrive on July 29.

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Comments (11)
  • Sirvasq
    , contributor
    Comments (331) | Send Message
     
    Rumors "meshing" with speculation, and "reported" as news? Who knew Seeking Alpha was latin for fairy tale?
    16 Jul 2014, 06:17 PM Reply Like
  • juun
    , contributor
    Comments (38) | Send Message
     
    Sounds like a short to me.
    16 Jul 2014, 08:30 PM Reply Like
  • kglf1213
    , contributor
    Comments (3) | Send Message
     
    Did the sources get their info from Yellen? Not very responsible reporting
    16 Jul 2014, 08:36 PM Reply Like
  • Marty Chilberg
    , contributor
    Comments (575) | Send Message
     
    Nanigans reported the same thing last week. Analyst who referenced it also stated he was bullish still on TWTR at this level as their have a lot of room for pricing
    16 Jul 2014, 08:56 PM Reply Like
  • KoacNation
    , contributor
    Comments (1224) | Send Message
     
    Given the incredible push and assumption that the World Cup will have increased the mau's, if they come in only a bit higher than the 6% QoQ reported last time, it'll get ugly fast.

     

    Even if they come in at 8 or 9% growth that means they'll have essentially "met" mau expectations and TWTR needs much more than that.

     

    Anyone who thinks this data is not possible is fooling themselves and as I've said numerous times, TWTR longs are the most blind of all the "cult stocks" (TSLA being another)

     

    If I were Costolo, I'd be spending a million dollars in Malaysia getting millions of fake accounts to lift the numbers. It's all about mau's.

     

    If you think you can squeeze enough profits from ads on mobile phones from 260 million mau's to support a $30 bil company valuation (710 million shares is the fully diluted count) well, then you just don't get it and never will until the share price proves it to you
    16 Jul 2014, 09:12 PM Reply Like
  • sal sollecito
    , contributor
    Comments (2) | Send Message
     
    TWTR Will be at 26.00 after earnings! PE 200x is crazy!
    16 Jul 2014, 10:25 PM Reply Like
  • sal sollecito
    , contributor
    Comments (2) | Send Message
     
    TWTR WIIL HIT 26.00 after earnings, the evaluation 200x eps is a big bubble.
    16 Jul 2014, 10:25 PM Reply Like
  • Tomfoolery
    , contributor
    Comments (12) | Send Message
     
    No longs to suggest this info is just a long ploy, so the Big Boys can get their buddies in cheap before the earnings report?
    17 Jul 2014, 01:08 AM Reply Like
  • rstran
    , contributor
    Comments (152) | Send Message
     
    Early life companies are not about PE
    17 Jul 2014, 08:05 AM Reply Like
  • KoacNation
    , contributor
    Comments (1224) | Send Message
     
    TWTR is over 7 years old, is it still an "early life" one?

     

    If its mau growth has gone from triple digits to the mid single digits can it still be considered "growing"?
    17 Jul 2014, 11:56 AM Reply Like
  • 22643611
    , contributor
    Comments (2099) | Send Message
     
    TWTR has been trading ugly. It had some good momentum and then just reversed on a dime.
    Often this foretells the "big boys" have heard whispers about the upcoming earnings
    on the 29th and are bailing out.
    18 Jul 2014, 11:57 AM Reply Like
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