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/2017/06/28/CSS.jpg?itok=tJPkR1_F
Four telcos will emerge from India consolidation, predicts CCS Insight

MUMBAI: On 27 June, global analyst firm CCS Insight announced the launch of its new report focused on the development of the Indian telecom industry.

iWorld Telecom
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/27/uday.jpg?itok=oQMkP4WX
SonyLiv partners Pocket Aces, brings Filter Copy & Gobble originals

MUMBAI: Underlining its commitment to provide the best entertainment experience, SonyLiv, the digital video entertainment platform of Sony Pictures Networks India (SPN), has announced a strategic partnership with Pocket Aces. With this partnership, latest content including iconic short videos from...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/27/FACEBOOK.jpg?itok=gF_7AghB
Facebook plans to stream sports, comedy, reality & gaming TV series

MUMBAI: Cable cutters never had it this good. Now, a broad range of streaming services is available on all your devices, including those that offer live TV.

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/27/555552.jpg?itok=_HpT-Ous
Opera TV tieup: ALTBalaji to be on smart TVs, Blu-rays & STBs

MUMBAI: OTT business in India seems to be a game of good yet reasonable content in the most accessible form. ALTBalaji, a digital platform for exclusive and original shows from India, has announced its content availability on Opera TV. This means that all Smart TVs, Blu-ray disc players and set-top...

iWorld Over The Top Services
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/24/cyber-crime_0.jpg?itok=p19GYTc3
Govt gets active against cyber child porn

Considering the growing menace of cyber crimes targeting children, child victims of cyber crimes can now lodge their complaints at National Commission for Protection of Child Rights (NCPCR)’s POCSO e-box.

iWorld eNews
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/24/Chu-Chu-Story.jpg?itok=nDbnPlmG
ChuChu TV on YouTube records 10m subs with 154 kids videos

MUMBAI: A YouTube channel seems to be creating wonders with kids rhymes, and it is getting wonderful views and reviews and clicks! ChuChu TV, an Indian YouTube channel for kids, gives a positive spin to original nursery rhymes.

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/24/Alok_Joshi-Didar_Singh.jpg?itok=s5gDyJvc
Industry & govt need to jointly tackle risk of info & cyber insecurity

NEW DELHI: The National Critical Information Infrastructure Protection Centre (NCIIPC) safeguarded 300 establishments in India from the recent worldwide cyberattack by the WannaCry ransomware.

iWorld eNews
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/23/ott.jpg?itok=7CK0erzu
How do viewers engage with OTT videos

Akamai Technologies, a cloud delivery platform, has released new research demonstrating how quality of video resolution and playback affects viewers' engagement with and loyalty to over-the-top (OTT) video streaming services. Conveyed through advanced biometric measurement tools including facial...

iWorld Video On Demand
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/06/23/SonyLiv.jpg?itok=oMlb-wKy
SonyLiv's content mirroring contemporary trends key differentiator, says Uday Sodhi

MUMBAI: Lives today are a rigmarole of never-ending deadlines, household chores, family commitments and work life pressures. This cyclical orchestra of mounting pressures and waning pleasures leave an indelible impact on modern day relationships. With its focus on compelling storytelling that...

iWorld Video On Demand

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories