Twitter Reports Small User Growth and Profits in Second Quarter
- 5 years ago
Twitter Reports Small User Growth
and Profits in Second Quarter In the last three months, Twitter only grossed
an operating income of $76 million, which is
$18 million less than its first quarter. Out of their total quarterly
revenue of $841 million, Twitter
earned a net profit of $37 million. These results are in part due to the addition of only
5 million new daily active users to the platform. Their daily user figures are not calculated by the
number of accounts, but rather by the number
of daily users that are “monetizable” (mDAU). While these numbers aren’t groundbreaking,
they can be considered a result of the
profitable “stasis” Twitter has reached. Twitter’s mDAU figure was 120 million at the
beginning of 2018 and now sits at 139 million. They reported that $727 million of their revenue
this quarter was earned by selling ads, with an
additional $114 million made from data licensing. Twitter expects to make $875 million in
revenue next quarter, with an operating
income of, at most, $80 million.
and Profits in Second Quarter In the last three months, Twitter only grossed
an operating income of $76 million, which is
$18 million less than its first quarter. Out of their total quarterly
revenue of $841 million, Twitter
earned a net profit of $37 million. These results are in part due to the addition of only
5 million new daily active users to the platform. Their daily user figures are not calculated by the
number of accounts, but rather by the number
of daily users that are “monetizable” (mDAU). While these numbers aren’t groundbreaking,
they can be considered a result of the
profitable “stasis” Twitter has reached. Twitter’s mDAU figure was 120 million at the
beginning of 2018 and now sits at 139 million. They reported that $727 million of their revenue
this quarter was earned by selling ads, with an
additional $114 million made from data licensing. Twitter expects to make $875 million in
revenue next quarter, with an operating
income of, at most, $80 million.