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Twitter increased net profit 3 times in the first quarter

24.04.2019 10:01:22

The report by Twitter, which owns the microblogging network of the same name, showed that in the first quarter, the American company increased its net profit 3 times compared with the same period a year earlier, to $191 million. Twitter captures net profit for the first six quarters in a row. Revenues during the earnings period amounted to 787 million dollars, having increased over the year by 18%. According to experts, the figure was expected at $774 million. Revenue in the United States increased by 25%, in other regions abroad, its growth was 11%. Japan showed the second result after the USA in terms of revenue growth, here the indicator increased by 16%. The number of “monetized” daily active users reached 134 million people, an increase of 11%. Analysts had expected a less significant growth rate - up to 128 million 400 thousand people.

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