{\rtf1\ansi\ansicpg1252\cocoartf1038\cocoasubrtf360 {\fonttbl\f0\fswiss\fcharset0 Helvetica;} {\colortbl;\red255\green255\blue255;} \paperw11900\paperh16840\margl1440\margr1440\vieww9000\viewh8400\viewkind0 \pard\tx566\tx1133\tx1700\tx2267\tx2834\tx3401\tx3968\tx4535\tx5102\tx5669\tx6236\tx6803\ql\qnatural\pardirnatural \f0\fs24 \cf0 Twitter\'92s financial woes\ \ Twitter CEO Dick Costolo is stepping down after failing to stem the messaging platform\'92s slowing user growth. Despite revenue of $1.4 billion last year, it hasn't made a profit since its stock market debut in 2013\ -----------------------------------------------\ Quarterly revenue\ \ $312m Q2 $361m Q3 $479m Q4 $436m Q1 $470m* Q2\ \ *estimate by Twitter\'92s chief financial officer\ \ Twitter share price ($)\ \ 2014 Jun Jul Aug Sept Oct Nov Dec 2015 Jan Feb Mar Apr May Jun\ \ 30 35 40 45 50 55\ \ Oct 9: $55.29\ \ Nov 10: $39.59\ \ 2014: Report suggests 44% of users have never tweeted\ \ Oct 24: Share price falls following Q3 losses of $175m and user growth of just 4.8% over Q2\ \ Apr 7: $52.87\ \ Apr 27: $51.66\ \ $35.84\ \ Apr 27-29: Share price falls 25% as Q2 revenue fails to meet expectations\ ------------------------------------------------------\ Sources: Twitter, NYSE, Twopcharts\ \ words 139 \ }