Twitter Shares Tank Despite Big Revenue and Profit Gains

Twitter

The United States social media company Twitter reported a record quarterly revenue and its first full year of profitability Thursday, signs the company's efforts to promote healthy discourse on the platform appear to be paying off, according to a report from the Dow Jones Newswires made available to EFE.

Shares moved lower in the premarket as the company's first-quarter revenue outlook is lower than Wall Street forecasts.

Well, kind of - the markets didn't care for Twitter's revisionist framing and sent shares in the company down 6%. Analysts, on average, projected $766.1 million, according to data compiled by Bloomberg. Analysts are expecting about $765m, on average. While it's a safe bet that Twitter lost some fed-up users, the decrease could also be attributed to Twitter's ongoing purge of bots and fake companies. Thibault continued: "Higher operating expenses, on the other hand, are a bigger problem, as I anticipate Twitter's margins and profits to shrink considerably in 2019".

It expects capital expenditure of between $550 million and $600 million, well above analysts' average estimate of $415 million for 2019.

Daily users rose 9 percent in the fourth quarter to 126 million, a number Twitter is reporting for the first time - and one investors have been asking for as a better gauge of the service's popularity.

That's the logic behind Twitter's decision to switch to a new metric - "mDAU" or "Monetizable Daily Active Users". That is up from US$91 million, or 12 cents per share, a year earlier.

That marked the third consecutive quarter of user declines. MAU is a de facto standard among internet companies in reporting their operating results and has been in use over the last 10 years.

EU Sentenced to Failure for following Opposition, Says Maduro
The sanctions freeze $7 billion in US -based assets and target $11 billion of USA revenue to Venezuela's national oil company. He insisted that Venezuela is not facing a crisis, though during the news conference, the power went out twice.

Marlins Trade J.T. Realmuto To Phillies After Offseason Full Of Rumors
Over his career, he has hit.309 with a.848 OPS in 280 games on the road and.245 with a.678 OPS in 260 games in Marlins Park. Sanchez in 48 games over four seasons in the minors is 15-12 with a 2.48 ERA with 191 strikeouts in 221 1/3 innings.

No designated hitter or draft changes likely in Major League Baseball this season
The list will be comprised of a 10-day injured list for short-term injuries, and a 60-day version for long-term injuries. Major League Baseball has just chose to make a terminology change.

Twitter ended 2018 with strong performance and plenty of profit.

Twitter is anticipating total revenue for Q1 2019 to be between US$715 million and US$775 million, with an operating income of US$5 million to US$35 million - far below the $74.9 million income, it posted during the same period a year ago.

An Indian man poses for a photograph using Twitter on his cellphone.

Twitter said the decline was partly due to its efforts to identify trolls and take down malicious accounts.

Twitter has made its first annual profit in its 13-year history but another fall in the number of its users and a disappointing sales forecast took the gloss off the results and sent its shares down almost 10 per cent.

For the fourth quarter, Twitter booked revenue of $909 million versus a market expectation of $868.1 million, a figure also significantly up on the $758 million in revenue booked in the third quarter. Since the company has the tendency to share a metric that is more expansive and includes people who are not seeing ads, the representative said its mDAUs are not comparable to disclosures from other organizations.

Related news:

Hot News

isis-killer-beheading-video-story-top Senate panel approves William Barr, Trump’s attorney general nominee
Feb 09, 2019 - 23:45
Bush administration - and was viewed as one of the more mainstream options among those Trump was said to be considering. The vote now heads to the full Senate, where Barr is expected to be confirmed in a vote as soon as next week.

isis-killer-beheading-video-story-top Enes Kanter to be released; Celtics interested
Feb 09, 2019 - 22:46
That period of time has come and gone, and it's safe to say there were a number of deals that got NBA Twitter fired up. At this stage in his career, the 26-year-old Kanter would represent an upgrade on that production.

isis-killer-beheading-video-story-top Skype background blur mode helps hide your dirty laundry in video calls
Feb 09, 2019 - 19:46
Microsoft brought background blurring to Microsoft Teams past year , promising that it would end up on Skype soon after. But in case you want all the focus on yourself and not on the mess behind you, you now have that option.

isis-killer-beheading-video-story-top Minnesota School Bus Driver Shot In The Head During Snow Storm Traffic
Feb 09, 2019 - 18:50
Shocked motorists flooded 911 with calls that a bus driver had been shot along a major Minneapolis freeway at rush hour Tuesday. Minneapolis Public Schools confirmed one of its students was on the bus at the time of the incident and was unharmed.

isis-killer-beheading-video-story-top Kearney named at fullback as Ireland make five changes for Scotland
Feb 09, 2019 - 17:28
But if you get another bump on it, it debilitates you quickly and then you have to make another change. Robbie Henshaw has become the latest player to join an ever mounting Ireland injury list.

isis-killer-beheading-video-story-top Amazon may be rethinking plans for New York City headquarters
Feb 09, 2019 - 17:08
Amazon has not purchased land for the NY project and its agreement with the city and state is non-binding. They think they can sit there in Seattle and dictate terms and hope that governments bend to their will.

isis-killer-beheading-video-story-top Motorola launches the 2019 G-series family of four new mid-range smartphones
Feb 09, 2019 - 15:29
That's about the biggest battery I've seen on a mainstream phone, and Motorola says it should provide 3 days of battery life. Motorola Unveils New Moto G7 , Moto G7 Plus , Moto G7 Power , Moto G7 Play Smartphones; Prices, Features & Specifications.

isis-killer-beheading-video-story-top Dalglish issues rallying title cry to Liverpool fans
Feb 09, 2019 - 13:23
Mark Lawrenson is backing Liverpool FC to ease to a resounding 3-0 win over Bournemouth at Anfield on Saturday afternoon. I would be shocked if Chelsea got anything from this game. "You can not go around it, you have to go through".

isis-killer-beheading-video-story-top Ariana Grande drops new album, fires back at Grammys
Feb 09, 2019 - 12:42
So put your headphones on and hit play on Thank U, Next because we put together all of the fun facts behind her latest album . Originally, Ariana Grande was set to perform at the ceremony, but ended up pulling out due to creative differences.

isis-killer-beheading-video-story-top Beto O'Rourke to join march against wall countering Trump visit
Feb 09, 2019 - 10:17
Statistics gathered by the El Paso Times indicated that the city has actually seen a rise in violent crimes since 2006. This will be the president's first rally in the city since he began his White House bid in 2015.

isis-killer-beheading-video-story-top Stanford fellow accuses Virginia Lt. Gov. of sexual assault
Feb 09, 2019 - 05:33
Ralph Northam to step down over a racist photo in his medical school yearbook - which would put Fairfax in the top job. Northamhas, however, publicly admitted to wearing blackface when he once tried to imitate Michael Jackson.

isis-killer-beheading-video-story-top 2nd Accuser Comes Forward Against Virginia Lt. Gov. Justin Fairfax
Feb 09, 2019 - 03:41
The revelation echoed a controversy that first enmeshed the state's top Democrat, Governor Ralph Northam , last Friday. Watson's allegation, which was made public Friday afternoon, said that the pair were friends but never dated.

isis-killer-beheading-video-story-top Woody Allen sues Amazon for $68M, alleges breach of contract
Feb 09, 2019 - 01:44
Just Law, who stars in A Rainy Day in New York , previously told The New York Times "it's a awful shame" the film was shelved. According to the suit, the four-picture agreement was terminated in June 2018 without specific reasons provided to Allen.

isis-killer-beheading-video-story-top 2018 the fourth-hottest year in history
Feb 08, 2019 - 21:44
He called for more, greener investments, ranging from defenses against rising seas to drought-resistant crops. It's easy, if someone is skeptical to look at a hot year and say it's meaningless, we've been here before.

isis-killer-beheading-video-story-top Ten die in Rio football club fire
Feb 08, 2019 - 21:41
The pre-dawn blaze in Rio de Janeiro hit a building that housed youth-category players aged 14 to 17, firefighters said. Aerial imagery made by "Record" and " Globo " broadcasters shows a red-black CT area completely destroyed by flames.