Twitter reported a net loss of £62m for the last three months of 2015.

The 140 character social media site saw its user growth halt with no increase of active monthly users when compared with the previous quarter.

This is the first quarter in Twitter's history that the number of monthly active users has not grown.

As soon as the results were released, Twitter shares fell 10% in after-hours trading, before recovering to a 3% loss.

Ed Bowsher, Senior Analyst at Share Radio says that "Twitter’s results are a mix of good and bad. Adjusted profits for the last quarter were better than expected at 16 cents a share. But the bad news was a decline in user numbers – from 307 million monthly active users in the third quarter to 305 million in the fourth".
Adding that it is "hard to argue you’re a sexy Facebook-style growth business when your user numbers are going into reverse. Looking at these numbers, it’s clear that Twitter boss, Jack Dorsey, has to take radical action. Innovations such as the soon-to-launch ‘Show me the best tweets first’ function may annoy the hard-core twitterholics, but they’re essential if Twitter wants to attract more users. So Dorsey needs to stick to his guns, ignore the protests and push through more innovations. It’s the only way to make Twitter a growth stock once again.”