Twitter posts bigger 4Q profit, monthly user base slips | Inquirer Technology

Twitter posts bigger 4Q profit, monthly user base slips

/ 08:45 PM February 07, 2019

Twitter posts bigger 4Q profit, monthly user base slips

In this Nov. 7, 2013, file photo, a Twitter sign is draped on the facade of the New York Stock Exchange before its IPO in New York. AP

NEW YORK — Twitter is reporting that revenue and profit and its user base all grew in the final three months of 2018.

The San Francisco company disclosed its daily user base count for the first time, putting the figure at 126 million, up 9 percent from a year earlier. These are users who see ads on the platform and log in at least once a day.

Article continues after this advertisement

Twitter on Thursday posted earnings of $255 million, or 33 cents per share, in the October-December quarter. That is up from $91 million, or 12 cents per share, a year earlier.

FEATURED STORIES

Revenue grew 24 percent to $909 million.

Analysts polled by FactSet were expecting earnings of 25 cents per share and revenue of $867 million.

Article continues after this advertisement

Its monthly user base fell to 321 million, from 326 million. /ee

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TOPICS: technology news, Twitter
TAGS: technology news, Twitter

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.