Apr
30
Twitter Reports Record User Growth and Stronger-Than-Expected Earnings in Q1
Posted in: UncategorizedTwitter beat earnings projections for the first quarter of 2020, led by 24% growth year-over-year in monetizable daily active users (mDAU)–or daily users who can view ads–and 3% revenue improvement (though still a net operating loss) during the same time period. The company’s premarket announcement surprised analysts, who had predicted Twitter would take a bigger…
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