“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