Apr 26, 2017

Twitter users up but 'headwinds' forecast

Revenue from advertising fell by almost 8% from a year earlier. "We continue to face revenue headwinds," said Twitter's chief executive, Jack Dorsey. The firm said the number of people using the service actively every month was up 6%. Mr Dorsey said the increase in users was in part because the service had been streamlined to make it a better experience for users, including measures to reduce abusive content. Twitter said 328 million people logged in to use the platform between January and March. "We continue to expect revenue growth to meaningfully lag audience growth in 2017," the company said.

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