Twitter recorded revenue of $ 758 million in the second quarter of 2018

This theme Twitter recorded revenue of $ 758 million in the second quarter of 2018 appeared on Engadget.

The report revealed Twitter Financial for the third quarter of 2018, to ensure the company’s revenue of $ 758 million, with an increase of 29% from the same quarter of last year.

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In the declaration of Twitter’s latest financial report for the third quarter of 2018, the company disclosed the revenues amounted to 758 million, an annual increase of 29%.

Also achieved Tensing revenue from advertising $ 650 million, with the increase in ads per year by 50%, decrease in the cost to participate ad annually by 14%.

Twitter-Revenue-Q3-2018

As pointed out Twitter in the financial report that the total licenses with the company’s revenue and other amounted to $ 108 million, an annual increase of 25%.

Twitter also clarified to the total revenues generated in the United States reached $ 423 million, reaching a height of 28% annual, while the company achieved revenues International $ 335 million, an annual increase of 30%.

Also the company identified costs of $ 666 million, a decrease annual costs by 14%, as the company recorded net income in the second quarter of the year 2018 value of $ 789 million.

Twitter-MAU-Q3-2018

Recall that Twitter has achieved a year on year increase in the number of users reached a rate of 9%, with 326 million active users on the social network now, but that the social network is undergoing changes that lead to variation in the number of users from one quarter to another, as indicated by the Twitter also to forecast revenues ranging between 320 and 340 million during the last quarter of this year.

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This theme Twitter recorded revenue of $ 758 million in the second quarter of 2018 appeared on Engadget.

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