Wednesday, April 25, 2018

Twitter Is Trending Again: Users Up, $655M Revenue | hypebot

Twitter-musicThe death of Twitter appears to have been reported prematurely. A Q1 report to Wall Street beat expectations Tuesday morning with 21% year over year growth in revenue to $655 million and an uptick in users.  

Key takeaways:

  • Monthly active users: 336 million, up 3% year-over-year
  • U.S. MAUs: 69 million,  flat year-over-year
  • International MAUs: 267 million, up 4% year-over-year
  • Q1 Revenue: $665 million, compared to $608 million estimates by analysts and up 21% year-over-year
  • Q1 Earnings: 16 cents per share, compared to 12 cents per share estimates

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