Observed Signal · Apr 24, 2019 · Earnings Report · Source: OnlineMarketing.de · Impact: 4/5 · Sentiment: Positive
Twitter posts strong profit rise; mDAUs reach 134M
Twitter posted a strong quarterly result, tripling net income to $191 million on revenue of $787 million, up 18% year over year. Advertising generated $679 million of revenue, with ad engagements up 23% YoY. U.S. revenue rose 25% to $432 million. Monetizable daily active users (mDAU) increased to 134 million, from 120 million a year earlier; MAUs reached 330 million, up from 321 million in Q4 2018 but lower than the 336 million reported a year earlier. The company signaled continued emphasis on mDAU as a key metric. For Q2 2019, Twitter guided revenue of $770–$830 million. CFO Ned Segal commented that ad revenue was up 18% YoY and that the company remains confident in its strategy and execution, aiming to grow its audience and deliver more value for advertisers.
Earnings report for a major platform with ad revenue details.
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Key Takeaways & Evidence Grounding
- Twitter net income rose to $191 million in the quarter.
- Total revenue was $787 million, up 18% year over year.
- Advertising revenue totaled $679 million; ad engagements up 23% YoY.
- mDAU reached 134 million, up from 120 million a year earlier.
- Q2 2019 revenue guidance: $770–$830 million.
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