Twitter beats Wall St Q3 estimates with $758M in revenue

Twitter beats Wall St Q3 estimates with $758M in revenue

6 years ago
Anonymous $oIHRkISgaL

https://techcrunch.com/2018/10/25/twitter-q3-earnings/

Twitter came in ahead of analysts’ financial estimates in its third quarter, reporting $758 million in revenue (a 29 percent year-over-year increase) and earnings per share of 21 cents.

Analysts had predicted revenue of $703 million and EPS of 14 cents per share. Ad revenue was also up 29 percent, to $650 million, and Twitter says total ad engagements increased 50 percent year over year.