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Friday, 8 February 2019

Twitter posts impressive financial report for 2018

Twitter had been in the red for many years, but in 2018 the tables finally turned. The company announced its Q4 and FY 2018 results and they look impressive. During the past 12 months, the platform made $1.2 billion in income, which is incomparable with the $108 million loss at the end of 2017. Revenue is $3.042 billion, $909 million of them in the last quarter which is a 24% increase YoY. Revenue and income Twitter also revealed its userbase. The users that open the platform at least once a month are 321 million, which is less than any of the previous four quarters. Both...

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Author: via Bestsoftpro

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