Twitter tweaks help figures beat expectations
Chief executive Jack Dorsey has been escalating efforts to rid the site of toxic content amid heightened concerns that social media companies have failed to curb the exploitation of personal data, election meddling and hateful posts
Twitter has beaten first-quarter sales projections and reported strong user growth, bolstered by changes to its social media service that are drawing a wider audience of consumers and advertisers.
The San Francisco-based company reported $787 million in revenue, an 18 per cent increase from a year earlier. Analysts, on average, estimated $775 million, according to data compiled by Bloomberg.
The microblogging site also posted an increase in daily active users to 134 million, beating analyst predictions for about 128.4...
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply