“Twitter managed to overcome the toughest challenge for any consumer service at scale by reversing declining audience trends and re-accelerating usage”, said Jack Dorsey the Twitter CEO. As a result, the fourth quarter was a strong finish to the year for Twitter with a return of revenue growth, GAAP profitability and an increased shipping cadence.
Find out more about each of these in more detail:
The total of monthly active users still the same as the last quarter, with an average of 330 million users and up 4% year-over-year.
The company revenue totaled $732 million, an increase of 2% year-over-year.
Advertising revenue estimated at $644, with an increase of +1% year-over-year.
Quarterly GAAP Net Income was $91 million, representing a GAAP net margin of 12%.
A Graph Shows the Total of Twitter Revenue Within Q4 2017
Founded in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams and launched in July of that year, Twitter Inc. is an American online news and social networking service on which users post and interact with messages known as "tweets". Twitter is a platform for what’s happening in the world and what people are talking about right now. Twitter service rapidly gained worldwide popularity. In 2018, more than 300 million active accounts posted 550 million tweets a day. Since 2015, and continuing into 2016 and future years, Twitter has also been the home of debates, and news covering Politics of the United States, especially during the 2016 U.S. presidential election.