Twitter and Square CEO Jack Dorsey speaks during a press event at CES 2019 on January 9, 2019 in Las Vegas, Nevada.
David Becker | Getty Images News | Getty Images
Twitter shares were fixed at trading after the program on Tuesday, after the company reported its fourth-quarter earnings as the company outperformed Wall Street earnings and revenue. But the company failed to meet the growing expectations of Wall Street users.
Here are the key numbers:
- Earnings per share: 38 cents, adjusted, compared to 31 cents forecast by Refinitiv
- Income: $ 1.29 billion compared to $ 1.19 billion forecast by Refinitiv
- Daily Active Money Generating (MDAU) Users: 192 million vs. It is estimated that 193.5 million, according to StreetAccount
Looking to the future, Twitter said it expects revenue to grow faster than spending in 2021, assuming the pandemic continues to improve and considering a “modest impact” expected from Apple’s future privacy changes to iOS 14. With however, the company warned that it expects the number to rise by more than 20% this year, with global spending rising by more than 25%.
Twitter has guided expectations of $ 940 billion to $ 1.04 billion in revenue in the first quarter. Analysts had expected guidance of $ 965 million on average, according to Refinitiv.
Twitter’s total mDAU rose 5 million from the third quarter to 192 million, but fell to analysts’ expectations of 193.5 million. The user base increased by 26.3% compared to a year ago.
Twitter advertising revenue grew 31% year-over-year to $ 1.15 billion, according to the report, with total advertising involvement up 35% over the same period.
Twitter noted that revenue from its mobile app promotion (MAP) offering, its direct response advertising business, grew 50 percent year-over-year in the fourth quarter. The company announced on Monday the launch of the rebuilt MAP product and stated in its earnings report that “our addressable market should grow and diversify our customer base”.
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