Twitter reveal about profits of $ 1.2 billion in 2018

Announced Twitter on its financial report for the last quarter of 2018, which revealed significant development in revenues the company faced a lot of losses in 2017.

Twitter financial report 2018


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After the big losses inflicted on the company Twitter through 2017, which amounted to losses totaling $ 108 million, the company achieved during the 2018 amazing progress in the company’s profits, which reached $ 1.2 million.

Have reached revenues of Twitter in 2018 to 3.042 billion, which contributed to the last quarter of $ 909 million to revenue ratio increased to 24% per annum.

As revealed to Twitter about the percentage of the user base of the company until the last quarter of 2018, where the income to the Twitter platform 321 million users at least once a month, an annual decline witnessed in the area of Social year by one in the number of users in the United States or in other regions around the world.

On the other hand not entitled to the section advertising on Twitter Make in revenue during the last quarter of 2018, declining advertising revenue up $ 791 million, while the value of the revenues licenses Twitter to 118 million dollars, has also made Twitter income of $ 255 million in the holiday end of the year, i.e. 3 times more than the same period through 2017.

Twitter financial

Recall that Jack Dorsey Twitter CEO confirmed during the announcement of the financial report on the success of the company’s strategy is long-term improvement in revenue, he also pointed out that improvements representatives from Twitter recently received a good welcome from the users.

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