It attributed the small rise to increased advertising revenue, stemming from the myriadupdates it made to its product over the past year, as well as video ad sales.
Twitter's user growth numbers are mixed, making it unclear how successful efforts have been to enhance the user experience with a change to its algorithm that prioritizes the most relevant posts and by expanding the allowable length for tweets to 280 characters. Adjusted EBITDA rose to US$862mln from US$751mln. U.S. advertising revenues shrunk 8%, though global was up 17% year-on-year. Analysts expected Twitter to post earnings of 14 cents per share meanwhile, Twitter posted 19 cents per share. While the total number of users was flat, engagement was up year-on-year for both daily and monthly active users, 12% and 4% year-on-year increases respectively.
Hitting its first ever profitable quarter is clearly notable news not just for Twitter but for Wall Street too, with the company's shares soaring more than 20 percent in pre-market trading.
Monthly active users: 330 million vs. 332.5 million estimated by FactSet and StreetAccount. The only reason overall user growth has continued is because it remains slow but steady internationally.
Twitter attributed the growth in revenue and profit to improvements to its "core ad offerings" and increased use of online video. Net cash provided by operating activities in the year amounted to Dollars 831 million, an increase from 763 million year-on-year. For the three months ended December 31, it rose 4 percent to 330 million, continuing a trend of low, single-digit growth for the service. (TWTR) on Thursday reported a net profit for the first time and returned to revenue growth.
Earnings per share (EPS) is the portion of a company's profit allocated to each outstanding share of common stock. For the full-year the company plans to see capital expenditures between $375 million and $450 million.
It made the money despite user numbers staying static which creator Jack Dorsey explained was due to a crackdown on fake and automated accounts
But analysts were split on what lies ahead for the company. In comparison, daily active users (DAUs) grew by 12 per cent in the quarter. "This is all about really looking at the potential of revenue growth as they scale and leverage their cost structure", he said.
The social media stalwart is also dealing with the fallout of a New York Times investigation which found that a company called Devumi had sold millions of fake followers to celebrities, athletes and politicians.
Twitter, Inc. (TWTR)'s distance from 200 day simple moving average is 30.59 percent, its distance from 50 day simple moving average is 7.6 percent, while its distance from 20 day simple moving average is 3.16 percent. Twitter, Inc. (NYSE:TWTR) has risen 29.68% since February 8, 2017 and is uptrending.
"We're not going to have to do any backfilling", Dorsey said. (NYSE:TWTR). Illinois-based Envestnet Asset Mngmt has invested 0.01% in Twitter, Inc.
That came even as social media companies are grappling with a regulatory backlash in Europe and the United States over privacy, possible user addiction, hate speech and alleged abuse of by Russian Federation to sway foreign elections.
The country's finance ministry said yesterday it is attempting to stop cryptocurrencies like Bitcoin from entering the mainstream. Peercoin (CURRENCY:PPC) traded 15.8% lower against the dollar during the one day period ending at 17:00 PM E.T. on January 29th.
Sources credit Marcus Sellars , a known industry insider, with the latest leaks concerning Call of Duty: Black Ops 4. The Switch port is apparently being handled by "a company familiar with COD games", so it should be in good hands.
Shannon said that nuclear terrorism remained a major threat in the 21st century and countries need to work to mitigate it. Deputy Energy Secretary Dan Brouillette said the USA will keep a close watch on nuclear proliferation activities.
But as the camera panned to her, Pink was seen spitting something out of her mouth before she smiled and began singing. ET was with the 38-year-old singer after she wowed the crowd - even while sick with the flu - at U.S.
The confirmation about Papadopoulos is "the most important fact disclosed in this otherwise shoddy memo", Schiff said Saturday. They say that this is about Mueller, but they say that it's an attempt to undermine Mueller's investigation.
Cup quarter-finals: Fiji 12-10 Samoa , New Zealand 19-12 England, Kenya 12-33 Australia, South Africa 22-0 Scotland. New Zealand were denied in the bronze medal match , after they were edged 8-7 by rivals Australia.
The beta for the PlayStation 4's next major system software update 5.50 releases today for users selected for the beta program . One of the primary complaints on the original Gold Headset was that the foldable hinges were flimsy and would break over time.
Solo: A Star Wars Story is set to hit theaters later this year and will certainly be a departure for the franchise. We now have our first look at how Han Solo met Chewbacca - and Lando Calrissian, too.
It is a situation we need to manage, but all the details will stay inside the club. "We need to stay united after all this". All I can say about the situation is that this is the best decision for Leicester, in the best interests of Leicester.
The nonprofit has received $7 million from Common Sense Media, which also has secured another $50 million in donated media. The news follows increased attention to the downside of widely popular tech products like Facebook .
Inventories are reported with a two-month lag, so by the time they have reached the five-year average, OPEC may be late to react. The investment bank said Brent likely will average $75 a barrel over the next three months, up from an earlier forecast of $62.
Afterwards, she says Weinstein made an unwanted advance in a hotel room during an argument, and later "pushed me down". But she alleged the first "attack" came not long after the odd meeting in Paris, at the Savoy Hotel in London.
German news agency DPA also reported that the SPD's Olaf Scholz, now mayor of Hamburg, is to become the finance minister. The referendum will be held by postal ballot, with the result expected to be announced in early March.
City are 16 points clear at the top before second-placed Manchester United host Huddersfield later on Saturday. Sterling missed a glorious chance to seal the win for the Manchester Cuity but missed from six yards.
Amazon noted that the fourth quarter earnings includes a tax benefit of roughly $ 789 million due to the change in US tax code. The three companies unveiled a yet-to-be-named company to give their US workers and families a better health insurance option.
Diet may impact the spread of some cancers, according to a study published Wednesday by an global team of researchers. The chemical compound is also found in dairy, beef, poultry, eggs, fish, potatoes, beans, nuts, soy and grains.
Venom isn't new to the Marvel Universe and was even featured in "Spider-Man 3", so fans know what he generally looks like. Carlton Drake , Jenny Slate as Dora Skirth, Scott Haze as Roland Treece and Woody Harrelson in an undisclosed role.
He's charged with distribution of a video depicting sexual assault of a child and an additional charge sexual assault of a child. If you come across the video or anything like it you should report it to Facebook right away and delete it from your account.
According to the Western contractors, the drawdown began last week and a number of USA troops have left bases on daily flights. The drawdown will be the first reduction in American troops in Iraq since the fight against ISIS started three years ago.
British police have insisted that Mr Assange could still be arrested for breaching bail conditions should he leave the embassy. Arbuthnot said that on February 13 she will rule on a request to have the entire United Kingdom case against Assange dropped.
Patricia has been a part of the New England Patriots staff since being hired by head coach Bill Belichick in 2004. Defensively, players such as Glover Quin, Darius Slay, Jarrad Davis and A'Shawn Robinson form a promising core.
He later wrote: 'Players play and Coaches are supposed to Coach, Bill was out coached for not letting his players play'. This catch was one of the biggest in Super Bowl history and gave Butler some serious cred on his team - and in the NFL.
A study published this week in Science found the endangered species may need much more energy to survive than previously believed. Our measures of metabolism were considerably higher than previous estimates of polar bear metabolic rates.