Twitter surpasses expectations – stock rises

Twitter surpasses expectations - stock rises

The business at twitter is doing better than expected. The short message service surprised forecasts of analysts with its numbers for the past quarter and the view of the next few months. The stock rose to more than funf percent in the absorbors us trade on thursday.

Immenses growth

Sales of twitter grew by 74 percent year-on-year to just under 1.2 billion dollars (a good billion euros). On the market had been expected with a good billion. The service made first steps with his subscription product as an additional source of revenue in the past quarter. For the current quarter, twitter set up to 1.3 billion dollars sales in view.

The number of daily active users who can achieve twitter in his own apps or in the web version with advertising increased within three months from 199 to 206 million. At the same time, in the usa market, she went home well, where the half of the twitterless was generated, by a million to 37 million back. Twitter explained that, among other things, with a quieter news situation. At the beginning of january, the service had banished the then us president donald trump from the platform.

In the bottom line, twitter earned $ 65.65 million after a loss of $ 1.38 billion a year earlier, which at that time mainly returned to a tax stamp of nearly $ 1.1 billion dollars.

Interest in bitcoin

The advertiseless from twitter comes to a rough part of the business with companies that want to bring tweets to their products for payment in the news current of users. Twitter also sees less problems than, for example, facebook in the new privacy rules on the iphone. Apple gives iphone users the possibility to stop the umbrella-end persecuting their activity over different apps and websites. Facebook, which sets strongly on personalized advertising, criticized this sharp.

His first features only for subscription customers, twitter launched in june at first in australia and canada and corporate boss jack dorsey, in a teleconference with analysts, announces no information about when it could be introduced in other countries. First you want to gain experiences in the two first markets. To the subscription functions belong, among other things, that users can urge manufacture tweets for 30 seconds.

Twitter will try more new features – and if you do not work again, as well as relying dorsey. The service had last scrapped the two-year-trying tweets only last year.

The twitter boss also showed interest in digital detachment bitcoin. You can become a kind of global internet preservation and simplify transactions at twitter, he said.