Twitter Holds Post-earnings Q&A On Periscope With CFO Anthony Noto

Twitter is presently holding a submit-earnings Q&A on Periscope. The visitor? CFO Anthony Noto. The corporate took a little bit of a nosedive after its Q3 earnings on the finish of final month, so people have questions. Whereas it’s regular for corporations to have comply with-up discussions with analysts, this format is new for Twitter. Throw in that it’s being streamed on Periscope and there you could have it…a really valiant try and be extra clear to customers and extra importantly…buyers.

You possibly can tune in on Periscope right here:

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I dig the FAQ format right here, whether or not buyers will hear what they need to hear? That’s an entire totally different query.

With regard to month-to-month lively customers, the all-essential matter, Anthony Noto mentioned Twitter’s hopes of final yr that it might double its progress (which hasn’t occurred). Noto pointed to current modifications within the firm, together with Dorsey’s return as CEO and product roadmap modifications, saying: “We’re not as far alongside as we might have hoped.” He went on to debate how essential Twitter’s content material is, content material that others would “love to have.” He defined kicking up progress as “unlocking” the service’s potential with consumer penetration.

When requested by Peter Stabler, Wells Fargo analyst, once we ought to anticipate an replace on the “success” of Moments, Noto stated didn’t say something totally different than what’s already been stated. It’s solely been out for a couple of weeks, in order that’s truthful. We’re going to listen to this query from buyers and pundits time and again although. Noto says that the info helps the corporate drive higher content material to individuals inside the product. “We’re doing precisely what we needed to do.”

Noto stated Moments helps to extend “favorites” so even Twitter’s CFO hasn’t gotten used to the newest change on the platform.

One fascinating bit…on advert-blockers, which typically block content material reminiscent of promoted tweets, Noto stated that there’s no impression for Twitter.

We’ll proceed to comply with the stream to see if something fascinating is mentioned and can let you understand what we hear.

Featured Picture: Justin Sullivan/Getty Pictures

Source : TechCrunch