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MarketScreener Homepage  >  Equities  >  Nyse  >  Twitter    TWTR

TWITTER

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Twitter Touts Retention Rate

10/29/2020 | 05:47pm EST

By Georgia Wells

Even as Twitter reported its slowest pace of user growth in several years, it said it is doing better at retaining new and reactivated accounts.

Finance chief Ned Segal said Twitter's tools to recommend topics to users is helping with the retention. He said more than 70 million Twitter accounts have followed one of the new topics that the company is curating.

Twitter's efforts to reduce the amount of hateful and misleading content on the site are also contributing to retention, executives say.

Analysts pushed CEO Jack Dorsey to say whether the tools recommending topics could lead more people to use Twitter or spend more time on the platform, but Mr. Dorsey said it is too early to say. "Our sense is that Topics are additive to the experience on Twitter," Mr. Dorsey said.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

10-29-20 1846ET

Stocks mentioned in the article
ChangeLast1st jan.
ALPHABET INC. 0.01% 1764.13 Delayed Quote.31.71%
AMAZON.COM, INC. 2.15% 3185.07 Delayed Quote.72.37%
APPLE INC. 0.75% 116.03 Delayed Quote.56.88%
FACEBOOK INC -0.48% 275.59 Delayed Quote.34.27%
SQUARE, INC. 4.94% 212.92 Delayed Quote.240.35%
TWITTER 2.65% 46.43 Delayed Quote.44.87%
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More news
Financials (USD)
Sales 2020 3 611 M - -
Net income 2020 -1 104 M - -
Net cash 2020 4 850 M - -
P/E ratio 2020 -33,2x
Yield 2020 -
Capitalization 36 835 M 36 835 M -
EV / Sales 2020 8,86x
EV / Sales 2021 7,40x
Nbr of Employees 4 900
Free-Float 96,4%
Chart TWITTER
Duration : Period :
Twitter Technical Analysis Chart | MarketScreener
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Technical analysis trends TWITTER
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 39
Average target price 44,68 $
Last Close Price 46,43 $
Spread / Highest target 37,8%
Spread / Average Target -3,78%
Spread / Lowest Target -59,1%
EPS Revisions
Managers
NameTitle
Jack Dorsey Chief Executive Officer & Director
Patrick Pichette Chairman
Ned D. Segal Chief Financial Officer
Parag Agrawal Chief Technology Officer
Dantley Davis Head-Research & Design
Sector and Competitors
1st jan.Capitalization (M$)
TWITTER44.87%36 835
FACEBOOK INC34.27%784 961
MATCH GROUP, INC.69.30%36 974
LINE CORPORATION0.37%12 490
SINA CORPORATION8.49%2 588
NEW WORK SE-16.44%1 633