Twitter reported its earnings this morning for Q3... the social media platform reported revenues of $590 million on adjusted earnings per share of $0.10.
Total monthly active users for Q3 were 330 million, up 4 million from the prior quarter and an increase of 4% year-over-year.
US MAUs grew 1 million sequentially to 69 million, while international MAUs grew 3 million sequentially to 261 million, the company said.
Other notable metrics for today are that daily active users are up 14 percent over last year, and monthly active users are up four percent, with the absolute increase working out to 4 million users.
The Q3 revenues were still a decline over a year ago of about four percent compared to a year ago, when Twitter reported EPS of $0.09 on revenues of $615.93 million. But it still appears to have been a surprise turn of events as far as analysts were concerned: they collectively were expecting EPS of $0.07 on revenues of $586.73 million.
Advertising revenue totaled $503 million, a decrease of 8% year-over-year, with data licensing accounting for $87 million, up 22 percent.
US revenues were $332 million, down 11 percent
International revenues were $258 million, up 6 percent.
Submitted October 26, 2017 at 08:38AM by ChocolateTsar http://ift.tt/2gM3hp4
