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Flying On Strong Earnings — Twitter (TWTR) Stock
09 Febrero 2018, 03:53 | Dolorita Barahona
Twitter shares surge on revenue turnaround surprise
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.
Language of peace spoken in the Olympic Games — VOX POPULI
Olympic sponsor Samsung Electronics donated 4,000 Galaxy Note 8 to all athletes and International Olympic Committee officials. That main speaker would normally be Kim Yong Nam, the head of the delegation and North Korea's ceremonial head of state.
Stocks Surge After Incurring Massive Losses
The Dow Jones industrial average continued to decline Thursday, falling by more than 1,000 points for the second time this week. The Nikkei 225 tumbled as much as 7.1 percent on Tuesday before regaining some lost ground to close 4. 7 percent lower.
Senators reach bipartisan accord on long-term spending deal
Republican Senator John Kennedy said there were many good things in the measure but he was concerned about adding to the deficit. Pete Sessions, Texas Republican and chairman of the House Rules Committee, which sets the parameters for debate.
Qi'Ra and Han's Relationship Explained in Solo
Speaking with Entertainment Weekly , Kennedy detailed how Ford provided invaluable insight to Ehrenreich about Han Solo . A preview of the newest chapter in the Star Wars universe " Solo: A Star Wars Story " debuted during Super Bowl Sunday.
Kim Jong Un sends influential sister to Olympics
On Wednesday Tillerson explained further, "It's well known there's a dialogue between North Korea and South Korea". Pence said his message, if he met any officials from the North, would be the same as it has been in public.
North Korea not interested in meeting with VP Pence
North Korea showed off several types of missiles, two of which are believed to be capable of hitting the US. They earned the nickname "army of beauties" in South Korea, receiving more attention than their athletes.