0
Wireless

Twitter posts big increase in Q3 profit while monthly users continue to fall

Thursday 25 October 2018 | 14:17 CET | News
Twitter reported a strong increase in third-quarter results, with better-than-expected EBITDA and a big net profit thanks to a tax asset gain. Daily active users of the service rose 9 percent, while monthly active users were again lower, as the company worked on preventing "unhealthy" users from accessing the platform. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Twitter
Countries: World
::: add a comment

Add comment

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. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Twitter beats Q4 expectations, forecasts higher costs in 2019

Published 07 Feb 2019 13:38 CET | World
Twitter reported fourth-quarter revenues up 24 percent year-on-year to USD 909 million. Adjusted EBITDA jumped to USD 397 million ...

Twitter to flag tweets deleted for user violations

Published 18 Oct 2018 11:54 CET | World
Twitter announced changes to its policies for taking down tweets that violate its user terms. Going forward, once it's required a ...

Twitter drops support for some apps, developer tools

Published 17 Aug 2018 09:47 CET | World
Twitter is narrowing its support for different apps in order to gain tighter control over its messaging platform. Going forward, ...

Twitter expands Lite app to 21 more countries

Published 14 Aug 2018 08:52 CET | World
Twitter announced it's launching its 'Lite' app in another 21 countries, taking it to a total of 45 countries. Launched last year ...

Twitter Q2: drop in users due to clean-up, underlying growth still solid

Published 31 Jul 2018 12:03 CET | World
After Facebook, Twitter is the latest tech stock to take a dive on disappointing quarterly results. While the company is ...

Twitter lifts profit, revenues but loses users in Q2

Published 27 Jul 2018 13:43 CET | World
Following a strong start to the year, Twitter delivered another set of solid results for the second quarter, with revenues ...

Twitter suspends over 70 mln suspicious accounts in May-June

Published 09 Jul 2018 09:22 CET | World | Update: 10 Jul 2018 09:12 CET
Twitter has stepped up its battle against fake and suspicious accounts, suspending more than 1 million accounts a day in recent ...