Twitter has lost nine million users during the third quarter of the current fiscal, its worst quarterly decline ever.
The social network revealed the drop in its earnings report on Thursday and acknowledged that it had anticipated losing around five million users during the period, Fortune reported.
The micro-blogging platform now has 326 million active users.
Twitter said that its user drop was due in part to the company clamping down on accounts that disseminate spam or use automated bots to try to target legitimate users.
Many micro-blogging platform users reported that their follower counts had dropped considerably during one of Twitter's purges.
Despite the user loss, the micro-blogging platform had a strong quarter, as revenue jumped 29 per cent (year-over-year) to $758.1 million.
The company expects its user base to continue to shrink as it purges more accounts.
--IANS
vc/ksk/vm
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
