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2 Charts That Show Twitter's Periscope Investment Could Pay Off In Spades

Twitter NYSE:TWTR - 2 Charts That Show Twitter's Periscope Investment Could Pay Off In Spades

Brian Pitz at Jefferies reacted to news that Periscope, Twitter Inc TWTR 1.11%'s live video streaming app, reached 10 million users after launching just four months ago.

Pitz said that Periscope's management is pushing analysts to look at a daily time watched metric – which currently sits at 40 years of video watched per day – instead of a daily active users number.

At the same time, the company said that it had roughly 2 million daily active users.

Jefferies included two charts in their analysis, which shows...


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