Twitter becomes profitable: the social network records the first benefits of its history

Feb 10, 2018 // By:admin // No Comment

For the first time in its history, Twitter declares profits. The social network has just released its quarterly results: between October and December 2017, Twitter has recorded $ 91 million in profits. After several complicated years, Twitter enters the very closed circle of social networks that earn money.

91 million dollars in profits in the fourth quarter of 2017

The results are so good for Twitter. After suffering net losses of $ 62, $ 116 and $ 21 million respectively in the first three quarters of the year, the last was good. The social network also achieved a record turnover of $ 732 million (+ 2% year-on-year, + 25% quarter-on-quarter). Investors quickly hailed this upturn, the share price of $ TWTR increased by 12% during the session.

330 million users, as it Three months ago

On the user side, it seems that Twitter has reached a ceiling that will now be difficult to overcome. The social network has attracted 330 million users per month, as in the previous quarter. Twitter has even lost 1 million users in the US, a loss offset by the million users earned on the rest of the world. Twitter indicates however that the number of active users per day (DAU) is still up sharply, + 12% over the same period last year. In its letter to the shareholders the social network recalls the numerous developments made this quarter ( 280 characters publication of threads …) and extols the results in terms of User Commitment

The main Twitter figures are collected in this infographic.

View other quarterly results of Twitter here .

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