"Owned-and-operated advertising revenue increased 7% year-over-year, driven by continued strong engagement growth, improvements in our revenue products, improved return for advertisers, and better sales execution", Ned Segal, Twitter's CFO, noted on Thursday.
The company has blamed its stagnating user numbers - which breaks down to 68m US MAUs and 262m worldwide MAUs - on a change to the Twitter Safari third-party app integration and its work to remove the number of bots that feature on its platform.
Revenue from outside the United States rose 17 percent, making up for an 8 percent decline in US sales.
Even the attention brought to the micro-blogging site by US PresidentDonald Trump broadcasting his thoughts was not enough to stem the exodus of US users.
As such, Twitter retroactively decreased its number of monthly active users by one to two million.
"Overall, the results represented ongoing progress, which was consistent with our longer-term expectations for Twitter as a durable, if niche-y (but highly differentiated), platform for digital advertising, which should eventually be able to approach industry-level growth rates", Pivotal Researchanalyst Brian Wieser said in a note to investors. It ended 2017 with 300 million monthly active users, the same as the previous quarter, but posted a 12% uptick in daily active users compared to the previous year. It also provides promoted services and products, such as promoted tweets, promoted accounts, and promoted trends, which enable its advertisers to promote their brands, products, and services. User growth in the USA dipped from 68m to 69m. "We also launched a new agency resource centre for mid-sized digital agencies, which drove a significant increase in revenue from smaller ad agencies".
The San Francisco-based social media giant reported Q4 earnings per share (EPS) of $0.19, which was $0.05 better than the Wall Street consensus estimate of $0.14. Income from its data licensing and other revenues grew 18% to $333.3m. The high and low revenue estimates for the current quarter are $603.2 Million and $542 Million, respectively.
Twitter reported a net profit of $91.1 million, or 12 cents per share, compared to a loss of $167.1 million, or 23 cents per share, a year earlier. Nordea Investment Management AB now owns 19,027 shares of the social networking company's stock worth $340,000 after purchasing an additional 422 shares during the last quarter.
"Now (that) he's gone, who's running the company?" said Wedbush analyst Michael Pachter. "This is all about really looking at the potential of revenue growth as they scale and leverage their cost structure", he said. Twitter, Inc. (NYSE:TWTR) has a 20-Day average volume of 31.43 Million. Profitability was the #goal, CEO Jack Dorseytold investors in February 2017, and Twitter nailed it.
"We're not going to have to do any backfilling", Dorsey said.
Twitter, Inc. (TWTR) added 0.44% to reach $25.24 in the previous trading session.
In the first quarter of 2018 Twitter projects adjusted EBTIDA to be between $185 million and $205 million. OppenheimerFunds Inc. boosted its position in shares of Twitter by 42.3% during the first quarter.
There is a sense that the International Olympic Committee is not able to punish a sporting superpower like Russian Federation . At an indoor track meet in Siberia in January, 36 Russian athletes suddenly withdrew, many of them claiming to be sick.
Polish Deputy Justice Minister Patryk Jaki later referred to Israeli reactions as "proof of how necessary this bill is". Of the 3.2 million Jews who lived in Poland before World War II over three million were killed under the Nazi regime.
Despite the fact that the Swedish case has been dropped , the British authorities consider that he breached his bail conditions. London police responded to reports of a suspicious package at Ecuador's embassy in the city on Tuesday .
The Trump administration issued a rebuttal to Newman's comments during the White House press briefing on Thursday (8 February). I don't, it's not, it's not my circus, it's not my monkeys. "Whenever was it that", she told him.
Frasier Casting Director Jeff Greenberg wrote the following of the actor:'I've not known a kinder man nor more brilliant actor. At an acting class, Mahoney met John Malkovich , who encouraged him to join the Steppenwolf Theater Company in Chicago.
On Monday, the Olympic governing body denied invitations to 13 Russian athletes and two coaches to the 2018 Games. The invitations have not however been extended to a number of leading Russian athletes.
Altering the diet to fit in the cancer profile could thus help reduce the spread of the cancer and its growth, he explained. Foods that contain high amounts of asparagines include poultry meat and eggs, dairy, whey, beef, fish, sea foods.
In texts that were previously released to Congress, Strzok and Page referred to Trump as an "idiot" and a "loathsome human". President Donald Trump took to Twitter shortly after the news broke and said: "NEW FBI TEXTS ARE BOMBSHELLS! ".
The Netherlands have officially announced the appointment of Ronald Koeman as their new manager. The Dutch coach has been out of action since being sacked from Goodison last October.
The trailer for Venom is here and it's incredible
Details on the plot have been scarce, and we don't know how the movie will exist inside its own universe. In it, Spider-Man's most famous villain finds himself starting anew in San Francisco after leaving NY .
Man Wanted For Criminal Sexual Conduct With a Child
A man from Alabama was arrested in connection to a child pornography video that was posted on Facebook last week and went viral. Whether you meant to share as a warning, or in an effort to help police catch the bad guys, Detroit police say it is a crime.
Deadly Taiwan Earthquake Felt in South China
Sadly, across the strait in Taiwan, at least four people are dead and hundreds more injured after last night's violent quake. Five people involved in the construction of the complex were later found guilty of negligence and given prison sentences.
Senate leaders agree to major bipartisan budget deal
The spending bill would modify the discretionary spending caps enforced by the Budget Control Act for fiscal years 2018 and 2019. A large number of Democrats have said they won't support government funding bills without some sort of protection for Dreamers.
City health officials confirm two pediatric flu deaths
No details have been released about the second child, other than saying it was a pediatric patient from New York City. The city's health department says an 8-year-old girl from Queens died on Monday after being rushed to the hospital.
FIRST REVIEW: Black Panther makes Marvel matter all over again
Chadwick Boseman , whose role in the film Black Panther is that of a leader and superhero, says leaders are often "misunderstood". Critics are also hailing how " Black Panther " tackles complex themes while still maintaining its sense of high action.
Ohio State basketball's Kam Williams suspended indefinitely
Paula's picks: Ohio State 3-2, 3-2. "It's been a odd week knowing, obviously, we're coming into the match without (Jason) Nolf". ASSOCIATED PRESS Penn State's Mark Hall, top, wrestles Ohio State's Bo Jordan at 174 pounds Saturday at Penn State's Rec Hall.