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Twitter Q2 beats on sales of $841M and EPS of $0.20, new metric of mDAUs up to 139M

Twitter Q2 beats on sales of $841M and EPS of $0.20, new metric of mDAUs up to 139M

5 years ago
Anonymous $9jpehmcKty

https://techcrunch.com/2019/07/26/twitter-q2-earnings/

Two days after Facebook reporting growing numbers (even amid its regulatory turmoil), its social media counterpart Twitter today announced its Q2 results. The company made $841 million in overall revenues, up 18% on a year ago; with EPS and net income respectively at $1.43 and $1.1 billion, a huge bump due to a “significant income tax benefit” related to the establishment of a deferred tax asset for corporate structuring for certain geographies, Twitter said.

Without that, non-GAAP diluted EPS was $0.20 on non-GAAP adjusted net income of $156 million.