Twitter misses expectations on earnings, revenue, and user growth

Twitter reported earnings for the fourth quarter of 2021 Thursday that missed analyst estimates on earnings, revenue and user growth.

Twitter plummets 11% on concerns about Apple privacy policy changes

Lauren Feiner for CNBC:

Here are the key numbers:

• Earnings per share: 33 cents, adjusted vs 35 cents expected, according to a Refinitiv survey of analysts

• Revenue: $1.57 billion vs $1.58 billion expected, according to Refinitv

• Monetizable Daily Active Users (mDAUs): 217 million vs 218.6 million expected, according to StreetAccount

The company provided revenue guidance for the next quarter ranging from $1.17 billion to $1.27 billion, while analysts had expected about $1.26 billion, according to Refinitv.

Twitter said last quarter that the Apple changes had less of an impact in the period than expected, and this quarter said in its shareholder letter that the impact “remained modest” in Q4.

MacDailyNews Take: Blocking news. Banning users for discussing so-called “misinformation” that’s later recognized as reality. Etc.

People who are capable of independent thought notice.

It all adds up — or, in this case, doesn’t.

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  1. Big Tech is ending up creating competition on their own accord. Rumble, MeWe, Substack for news, Parler, Gettr (although they have not been so open for free speech either, amazingly enough), but platforms are emerging and becoming stronger. Rumble, I’m shocked at how robust it is for how young it is.

    I’m not sure, but I’m guessing all these new and emerging free speech platforms are also not running on AWS servers and services, which is fantastic, as Amazon Web Services is also in their own political business of pulling the plug on folks they don’t like.

  2. Another company with stupid leadership. They intentionally displease and alienate existing and potential users. Their profit depends on maximizing the number users, yet their self-destructive practices drive away people, on purpose. Advertisers see less value in Twitter over time, because their ads are reaching not only fewer potential customers, but also not a full spectrum of people. Investors will steadily abandon Twitter because Twitter is not committed to their obligation to increase shareholder value.

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