Sluggish user growth worries Twitter investors

Feb 06, 2014, 12:29 AM EST
A sign is posted on the exterior of the Twitter headquarters on February 5, 2014 in San Francisco, California.
AFP/Getty Images

Twitter Inc. on Wednesday reported its slowest pace of user growth in recent company history, dimming hopes that the social media phenomenon can sustain its torrid pace of expansion and wiping out nearly a fifth of the company's value in after-hours trading. The San Francisco company posted better-than-expected fourth-quarter revenue of $243 million in its first results as a public company. But investors focused on the anemic user growth, as well as a severe decline in timeline views, a measure of user engagement.

Background:

Twitter's sputtering user growth unnerves investors [Reuters]

Twitter shares tumble 17% after results [USA Today]

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