iWorld

Q3-2015: Twitter revenue up 57.6%; GAAP loss down

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/smartcrop_800x800/public/images/internet-images/2015/10/28/twitter_logo%20%281%29.jpg?itok=e8nfaLgm

BENGALURU: Twitter’s new CEO and co-founder Jack Dorsey delivered his maiden report that said that his company had performed better than the previously announced guidance values. The company’s revenue for the quarter ended 30 September, 2015 (Q3-2015, current quarter) increased 57.6 per cent YoY to $569.24 million as compared to the $361.27 million. The previous guidance for the company was revenues in the range of $545 million and $560 million. Revenue growth in the current quarter increased 13.3 per cent QoQ from $502.38 million.

GAAP net loss reported by the company reduced to $131.69 million in the current quarter as compared to the loss of $175.46 million in Q3-2014 and 136.66 million in the previous quarter. Non-GAAP net income grew 9.6 times to $66.98 million as compared to $6.97 million in the corresponding year ago quarter. Non-GAAP diluted income per share increased to $0.10 in Q3-2015 from $0.01 reported for Q3-2014.

Adjusted EBIDTA in the current quarter increased 108 per cent to $142 million in Q3-2015 as compared to the $68 million in the corresponding year ago quarter.

Advertisement revenue in the current quarter increased 60.3 per cent to $513 million from $320 million in the corresponding year ago quarter. Advertisement revenue from the US market increased 57.4 per cent YoY to $329 million (64.1 per cent of advertisement revenue) in Q3-2015 from $209 million (65.3 per cent of advertisement revenue) in Q3-2014. International advertisement revenue increased 66 per cent to $184 million (35.9 per cent of advertisement revenue) from $111 million (34.7 per cent of advertisement revenue) in Q3-2014.

Data Licensing and other revenue in the current quarter increased 37 per cent to $56 million (9.8 per cent of total revenue) as compared to the $41 million (11.4 per cent of total revenue) in Q3-2014.

Twitter’s worldwide monthly active users (MAU) increased 11.5 per cent to 320 million in the current quarter as compared to the 287 million in Q3-2014, but improved by just 1.3 per cent QoQ from 316 million. Excluding SMS Fast Followers, MAUs were 307 million for the third quarter, up eight per cent year-over-year, and compared to 304 million in the previous quarter. Mobile MAUs represented approximately 80 per cent of total MAUs.

MAUs’ from the US increased by four per cent to 66 million in the current quarter as compared to 60 million in Q3-2014 and one per cent QoQ.

“We continued to see strong financial performance this quarter, as well as meaningful progress across our three areas of focus: ensuring more disciplined execution, simplifying our services, and better communicating the value of our platform,” said Dorsey. “We’ve simplified our roadmap and organization around a few big bets across Twitter, Periscope, and Vine that we believe represent our largest opportunities for growth.”

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/24/Tanay%20Desai%20and%20Vinay%20Pilla.jpg?itok=8jVOL9dt
Dekkho makes big-screen debut with Amazon fire TV stick

MUMBAI: The online video streaming Dekkho has partnered with Amazon to make its big-screen debut and provide its content on Amazon Fire TV Stick. Dekkho will be one of the featured apps on the streaming device, allowing users to access its entire content library of movies and videos across genres...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/23/go-news.jpg?itok=aQquzezA
GoNews becomes NBA India’s first digital member

NEW DELHI: One of India’s youngest digital news channel GoNews has become the first digital member of News Broadcasters Association (NBA) of India, which has been under pressure in recent times with organization members accusing each of alleged malpractices and a new news channel boss dubbing it a...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/act.jpg?itok=KXa3kBcy
ACT leads in wired subs adds, Jiojuggernaut marches on

Atria Convergence Technologies Pvt. Ltd (ACT) leads in wired broadband internet subscribers additions in calendar year 2017 (CY-17) until 31 March 2017 (Mar-17) as per data released by the Telecom Regulatory Authority of India (TRAI).

iWorld Broadband
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/22/Asianet-Broadband.jpg?itok=tjF73-Xr
Asianet Broadband to move into Tamil Nadu; launches superfast package in Kozhikode

MUMBAI: Down south, Asianet Broadband a part of Asianet Satellite Communications has announced it is spreading its wings into Tamil Nadu. Asianet Broadband has 200,000 subscribers from residential areas SMEs and office in 56 and cities towns across God’s own country Kerala.

iWorld Broadband
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/19/Marlina_1.jpg?itok=8y3Z-kRD
Hooq's 'Marlina..." goes to Cannes

MUMBAI: Hooq, one of the largest Video on Demand service in South-East Asia, has announced that its first Indonesian original production will be screening at the Director’s Fortnight in Cannes which opens this week. This is on the back of a series of announcements from Hooqthat underscores its...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/19/Dangal.jpg?itok=7KQl9nJd
Zee TV goes into overdrive on Dangal world premiere

It’s the mega blockbuster of Indian Hindi cinema. And Zee TV is pulling out all the stops to give the world television premier of the Aamir Khan starrer the Rs 1000 crore box office Dangal on 21 May 12 noon to 4 pm the spotlight it deserves in the minds of TV viewers.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/19/OTTV-2017_0.jpg?itok=uH6dDIIQ
OTTV 2017: Co-existence with traditional TV predicted, scope for OTT kids content

MUMBAI: "Can OTT TV challenge traditional TV?" was the session on OTTV Summit 2017, as industry experts shared their views with regards to the future of the traditional TV consumption and OTTV consumption. Will traditional TV die soon? Will OTT take over traditional TV? Moderated by Dveo Media CEO...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/18/cable-wire.jpg?itok=yinV3gZ6
Insight: Significant growth in FTTH market foreseen till '25

MUMBAI: Fiber to the home is a communication technology which delivers the communication signal over optical fiber directly to the home from the operator’s switching equipment. Fiber to the home is replacing traditional copper infrastructures such as coaxial cables and telephone wires. At present...

iWorld Broadband
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/05/18/Sunil%20Bharti%20Mittal-800x800%20%282%29.jpg?itok=QEt7Qjid
100% more Airtel data offered in b'band plans

MUMBAI: Following its rollout of ‘V-Fiber’ superfast broadband to serve the exploding demand for reliable high speed data solutions in Indian homes, now introduces larger bundles of data at existing prices to enable customers to do more New proposition designed to drive adoption of high speed...

iWorld Telecom

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories