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Twitter beats Q4 expectations, forecasts higher costs in 2019
2019-02-07 13:38:00| Telecompaper Headlines
(Telecompaper) Twitter reported fourth-quarter revenues up 24 percent year-on-year to USD 909 million. Adjusted EBITDA jumped to USD 397 million from USD 302 million, better than the company's outlook. Monthly active users continued to fall, as the company cleaned up its user base, but Twitter said daily users were still growing, as its focuses more on monetisable users.
Tags: costs
higher
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Category:Telecommunications
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