Twitter quarterly revenues top $1bn for the first time
Posted on: 7 février 2020, by : Eamonn Forde

A symbolic moment for Twitter almost 14 years after its founding: for the first time, its quarterly revenues surpassed $1bn ($1.01bn, to be precise, an increase of 11% year-on-year). The company’s share price rose on the news, following fears that its advertising revenues were slowing down.
Twitter uses its own metric of MDAUs (monetisable daily active users) to measure its success and they were up 21% year-on-year to a record 152 million – ahead of analysts’ projections). Of those 152 million MDAUs, 121m were outside of the US.
The post Twitter quarterly revenues top $1bn for the first time appeared first on Music Ally.
Source: Music ally

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