Twitter reported its first ever year-over-year decline in revenue growth for its first quarter earnings on Wednesday, but still managed to beat analysts' expectations across the board and boost its shares more than 10% in pre-marking trading.
Twitter's revenue, however, fell 7.8 per cent to $548.3 million (€503.6m) in the first quarter, its first drop since its initial public offering. Net loss narrowed to $61.6m, or 9c a share, in the first quarter ended March 31, from $79.7m, or 12c a share, a year earlier. After several quarters of showing flat or anemic growth, Twitter said that it added 9 million new monthly average users in the latest quarter, the largest increase since 2015.
As the company seeks to turn things around, it's focused on the DAU metric as a way to show the current users are more engaged as it roles out more live video products and other features created to keep people coming back more often.
Twitter shares were up 11 per cent at US$16.23. "In Q1, we continued to streamline and simplify our revenue products, communicate to advertisers the success we're seeing with accelerating audience growth, build new revenue product features, and reallocate resources to our highest revenue-generating priorities".
In classic Twitter fashion, however, the rest of the company's quarterly news was much more of a glass-half-full, glass-half-empty kind of situation.
This marks a somewhat encouraging turn for the social network, having reported a loss of $167 million for the last quarter of 2016.
Patriots Likely To Keep Malcolm Butler
But things were never finalized, and Butler played out the 2016 season on a base salary of $600,000 in the final year of his deal. The move allows the Patriots to trade Butler, possibly for the New Orleans Saints' No. 32 pick.
"We are seeing a significant decrease in the number of people experiencing abuse on Twitter", Dorsey said.
The company's first quarter revenue came in at $548 million Dollars, which is higher than the estimated $512 million.
With 328 million monthly users, the service still pales by comparison to either Facebook or Instagram. Still, it expects revenue growth to "meaningfully lag" audience growth for the rest of the year.
Trump's tweets generate headlines on a daily - if not hourly - basis, ensuring Twitter is constantly in the news cycle.
JPMorgan Chase says it earned $2.4 billion, or 40 cents a share beating the analysts estimates of 30 cents a share for its first quarter.
Whether or not Costa is still a Chelsea player next season is immaterial in respect of the current campaign. The victory pushed Chelsea on to 78 points after 33 games and exerted more pressure on second-placed Spurs.
The Moto G4 Play comes with 16GB of inbuilt storage, which is expandable storage via microSD card (up to 128GB). As its predecessor the Moto Z2 Force will incorporate a 5,5-inch touchscreen display with a QHD resolution.
Of the incidents previous year , the worst involved Iranian forces capturing 10 United States sailors and holding them overnight. Since the nuclear deal with world powers, the hard-line Revolutionary Guard has stepped up its encounters with the Americans.
The center-right opposition blames Maduro for severe shortages of food, medicine and other essentials in the oil-rich country. The decision was later partially reversed amid a storm of global criticism - and from Ortega Diaz herself.
There was a scare at a middle school in Mason County today, with reports of a possible active shooter on the campus. Clifford O'Findlay Middle School in North Las Vegas was briefly placed on a lockdown while officers investigated.
Like Toews, Bowman is heading into one of his most intriguing offseasons since he was promoted to general manager in 2009. Their main priority will likely be getting Richard Panik locked up, as he's their most important restricted free agent.
The visit comes in response to an invitation from the King within their two countries' interests in resuming joint coordination. The first resolution was filed by France and backed by Saudi Arabia and the second one was filed by Russian Federation .
A total of 6.44 million shares exchanged at hands and its average trading volume is standing at 7.95 million shares. The company is expecting revenue for the year to range from roughly $125.09 billion to $130.50 billion.
Nieuwenhuis, 29, had just two hits and four walks in 30 plate appearances this season while playing off the bench. Adam Wainwright homered and drove in four runs while getting his first victory of the season, leading the St.
Pai's FCC spiked the effort to go after AT&T , even before it began rolling out a plan to undo the net neutrality rules entirely. Like Pai, they argue that the stricter FCC oversight enabled by the Title II classification is unnecessary to enforce them.
This is a very rare glimpse of Musk's personal life, as the entrepreneur typically keeps his private life away from prying eyes. Musk is also recently divorced; he was married three times before, twice to actress Talulah Riley.
United States strike group to arrive off Korean peninsula in days amid concerns the North is ramping up for a sixth nuclear test. Russian Federation said they had requested the change and took issue with US claims that they were blocking the statement.
The Nasdaq composite just passed 6000 for the first time, hitting an all-time intraday high in the process. The Nasdaq composite jumped about 0.8 percent, sending the index above 6,000 for this first time ever.
Kourtney Kardashian is the eldest of her famous siblings: Kim , 36, Khloe, 32, Rob, 30, Kendall Jenner, 21, and Kylie Jenner, 19. Kourtney Kardashian and Scott Disick may have split up almost two years ago, but they still have fun with one another.
The Prime Minister told his senior party colleagues that issues should be handled by raising social awareness among the people. People of Odisha has reposed their credibility and confidence on PM Modi.
"My loyalties are not with Donald Trump", she said at the 92nd Street Y community center in New York City Tuesday. Jenner has been on a tour promoting her new tell-all book, The Secrets Of My Life , which hit shelves on Tuesday.
Adjusted for one-time items, Tesla is expected to lose 77 cents in the quarter, versus an adjusted loss of 57 cents a year ago. In other news, Director Kimbal Musk sold 2,191 shares of the business's stock in a transaction on Tuesday, April 11th.
This Game 6 was another bullet point for us after we got stomped in here last time". "Excuses are for losers", Couture said. It doesn't matter if you're hurt because there are always guys that aren't healthy. "They found a way and we didn't".
The YI HALO VR Camera is the tech giant's newest camera rig that may help usher the mobile consumers into the age of VR. YI Technology today unveiled YI HALO , a next-generation virtual-reality camera built with Google's Jump technology.
Quinn, who has spoken to him three times since his arrest last week, said her brother told her he wanted the teen to be safe. Commune residents weren't shy when it came to talking about their time with Cummins and Thomas.
Mark Toner, acting spokesman for the State Department, declined to comment on Monday, saying he hadn't seen the posting. Ron Wyden (D-Ore.) criticized the State Department for "promoting" Trump's private business using "taxpayer $$".