Boston, MA 02\/06\/2014 (wallstreetpr) –\u00a0Twitter Inc (NYSE:TWTR)<\/b> reported fiscal 2013 fourth quarter results that were incredible on a pure financial standpoint according to Bruno de Ama, CEO Global X Funds. The company\u2019s revenue was up 116 percent, suggesting a big leap from the same quarter a year ago, and also revealing competitive edge against main rival Facebook Inc (NASDAQ:FB<\/b>).<\/p>\n
The company delivered very well on key metrics such as active user engagement, user growth and advertisement revenue. Equally impressive was growth in mobile users. While the company trails industry leaders Facebook Inc (NASDAQ:FB) and Google Inc (NASDAQ:GOOG)<\/b> for instance, it has shown to be an effective player in the niche market. There is more room for attractive advertisement revenue.<\/p>\n
Comparing Key metrics<\/b><\/p>\n
Twitter Inc (NYSE:TWTR)\u2019s monthly active user base is now at 241 million against Facebook Inc (NASDAQ:FB)\u2019s 1.2 billion. Monthly mobile active users are now 184 million compared to 945 million of Facebook Inc (NASDAQ:FB)\u2019s.<\/p>\n
Revenue growth from mobile has now hit 75 percent which is once again an incredible metric for the social network company.<\/p>\n
Initial Public offering<\/b><\/p>\n
Twitter Inc (NYSE:TWTR) launched on the Big Board at $26 per share in November and quickly soared, therefore a successful listing process which was a far cry from what investors experienced when Facebook debuted on Nasdaq composite in May 2012. Through the three months since IPO, analysts kept pumping Twitter stock with upgrade and target price hikes left, right and center, thus igniting greater interest in the stock among investors.<\/p>\n
The trouble that befell Facebook in 2012 when a technological glitch burnt the stock, sending it historic lows a few months after the IPO, must have helped Twitter Inc (NYSE:TWTR) as investors grew confident in its listing process as time passed by.<\/p>\n
The Future<\/b><\/p>\n
Twitter Inc (NYSE:TWTR) needs to do a lot more in its user engagement and user growth which according to the latest results, Mr. Bruno says, are a bit of a problem. All said, the company is on the right track and that is very important for its future.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 02\/06\/2014 (wallstreetpr) –\u00a0Twitter Inc (NYSE:TWTR) reported fiscal 2013 fourth quarter results that were incredible on a pure financial standpoint according to Bruno de […]<\/p>\n","protected":false},"author":32,"featured_media":14553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[1747,1614,813,712,4079,4078],"stock_ticker":[],"class_list":["post-14676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-facebook-inc-nasdaqfb","tag-google-inc-nasdaqgoog","tag-nasdaqfb","tag-nasdaqgoog","tag-nysetwtr","tag-twitter-inc-nysetwtr","entry"],"acf":[],"yoast_head":"\n