Following the announcement that it was profitable in Q4 2017 earning report for the first time in 4 years, Twitter Inc. has released surprisingly positive earnings for Q1 2018 with more profits predicted in the future. Here are the Twitter’s second-straight profitable quarter main highlights: Average Monthly Active Users (MAUs): 336 million, up 3% year-over-year. Average …
“Twitter managed to overcome the toughest challenge for any consumer service at scale by reversing declining audience trends and re-accelerating usage”, said Jack Dorsey the Twitter CEO. As a result, the fourth quarter was a strong finish to the year for Twitter with a return of revenue growth, GAAP profitability and an increased shipping cadence. …