Twitter, Inc. has announced financial results for its third quarter of 2018 which had a total revenue of $758 million, an increase of 29% year-over-year. The company's advertising revenue totaled $650 million, an increase of 29% year-over-year. Twitter's total ad engagements increased 50% year-over-year and the cost per engagement decreased 14% year-over-year. The company's data licensing and other revenue totaled $108 million, an increase of 25% year-over-year. US revenue totaled $423 million, an increase of 28% year-over-year and the international revenue totaled $335 million, an increase of 30% year-over-year. Twitter's Q3 GAAP costs and expenses totaled $666 million, an increase of 14% year-over-year. Q3 non-GAAP costs and expenses totaled $570 million, an increase of 22% year-over-year. The Q3 GAAP net income was $789 million, compared to a net loss of $21 million in the previous year. Twitter's average daily active users (DAU) increased 9% year-over-year with 326 million, compared to 330 million in the same period of the previous year and 335 million in the previous quarter. This change is impacted by a number of factors including GDPR, decisions The average US MAUs were 67 million for Q3, compared to 69 million in the same period of the previous year. The average international MAUs ...
Friday, 26 October 2018
Twitter reports $758 million revenue, 29% YoY growth in Q3 2018, has 326 million monthly active users
Twitter, Inc. has announced financial results for its third quarter of 2018 which had a total revenue of $758 million, an increase of 29% year-over-year. The company's advertising revenue totaled $650 million, an increase of 29% year-over-year. Twitter's total ad engagements increased 50% year-over-year and the cost per engagement decreased 14% year-over-year. The company's data licensing and other revenue totaled $108 million, an increase of 25% year-over-year. US revenue totaled $423 million, an increase of 28% year-over-year and the international revenue totaled $335 million, an increase of 30% year-over-year. Twitter's Q3 GAAP costs and expenses totaled $666 million, an increase of 14% year-over-year. Q3 non-GAAP costs and expenses totaled $570 million, an increase of 22% year-over-year. The Q3 GAAP net income was $789 million, compared to a net loss of $21 million in the previous year. Twitter's average daily active users (DAU) increased 9% year-over-year with 326 million, compared to 330 million in the same period of the previous year and 335 million in the previous quarter. This change is impacted by a number of factors including GDPR, decisions The average US MAUs were 67 million for Q3, compared to 69 million in the same period of the previous year. The average international MAUs ...
