Twitter, Inc. has announced financial results for its fourth quarter of 2018 which had total revenue of $909 million, an increase of 24% year-over-year. The company’s advertising revenue totaled $791 million, an increase of 23% year-over-year. Twitter’s total ad engagements increased 33% year-over-year and the cost per engagement decreased 7% year-over-year. The company’s data licensing and other revenue totaled $117 million, an increase of 35% year-over-year. US revenue totaled $506 million, an increase of 24% year-over-year and the international revenue totaled $403 million, an increase of 24% year-over-year. Twitter’s Q4 GAAP costs and expenses totaled $702 million, an increase of 13% year-over-year. Q4 non-GAAP costs and expenses totaled $618 million, an increase of 21% year-over-year. The Q4 GAAP net income was $255 million, compared to $91 million in the same period of the previous year. The average monetizable daily active users (mDAU) were 126 million for Q4, compared to 115 million in the same period of the previous year and compared to 124 million in the previous quarter. Average US monthly daily active users (mDAU) were 27 million for Q4, compared to 25 million in the same period of the previous year. Average international mDAU were 99 million for Q4, compared to 89 million ...
Read Here»
Post a Comment Blogger Facebook
We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. As the comments are written and submitted by visitors of The Sheen Blog, they in no way represent the opinion of The Sheen Blog. Let's work together to keep the conversation civil.