Twitter Q2 2017 Earnings Report | Twitter Inc.
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Global
Twitter is obviously the place where showing you what’s happening in the world and what’s being talked about. In this quarter, Twitter didn’t achieve strong progress except in live video; a growth continued at a rate of 22%.
Read the below and find out more about Twitter Q2 2017 earnings:
- Twitter monthly active usage stayed the same as the last quarter; totaled 328 million active users.
- Twitter daily active usage declined -2% to reach 12% after 14% in Q1.
- Twitter cost per ad engagement dropped from 63% in Q1 2017 to 53% in Q2.
- On the other hand, Twitter quarterly revenue increased slightly to reach $574 million in Q2 2017 after $548 in Q1.
- The quarterly net loss increased to hit -$116 million in Q2 2017.
- Quarterly adjusted EBITDA – Earnings before Interest, Taxes, Depreciation & Amortization- estimated $178 in Q2 2107, an increasing rate 2% Y-O-Y.
Twitter Inc.
Internet & Social Networking
Founded in March 2006 by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams and launched in July of that year, Twitter Inc. is an American online news and social networking service on which users post and interact with messages known as "tweets". Twitter is a platform for what’s happening in the world and what people are talking about right now. Twitter service rapidly gained worldwide popularity. In 2018, more than 300 million active accounts posted 550 million tweets a day. Since 2015, and continuing into 2016 and future years, Twitter has also been the home of debates, and news covering Politics of the United States, especially during the 2016 U.S. presidential election.
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