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prensaestatal.com Febrero 21, 2018


Flying On Strong Earnings — Twitter (TWTR) Stock

09 Febrero 2018, 03:53 | Dolorita Barahona

Twitter shares surge on revenue turnaround surprise

Twitter reports first-ever profit in its history

Twitter shares opened in the green in the US Thursday, after the social media company announced its first ever profit in the fourth quarter of 2017. We also send freebies and lots of other goodies exclusively to our email subscribers. Adjusted EBITDA rose to Dollars 308 million from 215 million. Finally, SunTrust Banks reiterated a "hold" rating and set a $18.00 target price (up from $16.00) on shares of Twitter in a report on Friday, October 27th.

Twitter won't be replacing Noto, but it has tried to unify content and revenue strategy, Dorsey said, by handing global revenue VP Matt Derella more responsibility over content partnerships. However, Twitter still held onto 4 percent more users than it did at the same time a year ago.

In the days after the story was published, more than a million fake accounts disappeared from the site. At the time, the move was a natural one, created to bring brands better targeting, efficiency and measurement, as well as offering up an alternative to the Google and Facebook duopoly which accounted for in excess of 60% of the U.S. digital ad market a year ago. In the United States, number of users dipped by one million. He added the higher ad revenue was due to a "larger engaged audience". It reported revenue of $731.6 million, above analyst estimates of $686.4 million.

Twitter saw its Q4 advertising revenue increase 1% for a total of $644 million while data licensing and other revenue increased 10%, the company reported in a statement released today.

Excluding certain one-time expenses, Twitter earned 19 cents per share in the fourth quarter, above expectations of 14 cents per share.

But analysts were split on what lies ahead for the company. Non-GAAP EPS for the quarter was $0.19 - up from $0.11 in the year-ago quarter. "This is all about really looking at the potential of revenue growth as they scale and leverage their cost structure", he said.

It ran 62% more custom measurement studies last quarter than it did the year before, said CEO Jack Dorsey. With positive early results of several public betas for a new subscription advertising product, Twitter Promote Mode, the company will work on building this out in Q1. It did slightly miss on monthly active users or MAU. Twitter COO Anthony Noto recently left to become the chief executive of SoFi.

Profitability looks great. But as Dorsey said himself, it can be a choice.

On 07 February 2018, Anadarko Petroleum Corporation (NYSE:APC) stock price started the day at $ 58.72 and finally close at $58.72.

Twitter's quarterly profit and rising revenue reignited speculation on Thursday among some analysts that a larger company could try to buy it.



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