Home > News content

Twitter second quarter total revenue of $ 574 million down 5%

via:博客园     time:2017/7/27 23:30:47     readed:510

According to foreign media reports, Twitter today released the second quarter of 2017 earnings, due to the number of active customers on the lower than expected, resulting in Twitter trading in the day before the transaction was down 9%.

In the second quarter, the average number of active users on Twitter was $ 328 million, down from analysts' expectations of $ 329 million, up 5% year-on-year, but unchanged from $ 328 million in the first quarter.

In contrast, Twitter's average number of active day users was strong, up 12% yoy in the second quarter and double-digit gains for the third consecutive quarter.

Advertising revenue was $ 489 million, down 8% from $ 535 million in the same period last year.

Total revenue of $ 574 million, down 5%, higher than Thomson Reuters survey analysts expected $ 536.7 million.

A net loss of $ 116 million, compared with a net loss of $ 107 million in the year-ago quarter. Based on non-US GAAP, net profit of $ 56 million, diluted earnings per share of $ 0.08.

Twitter CEO Jack & Diddy (Jack Dorsey) said: "We are proud of this season, we continue to promote the company's performance through the improvement of products. In the second quarter, the number of active users on Twitter increased by 5% year-on-year, while the number of active users increased by 12% year-on-year and double-digit gains for the third consecutive quarter. At present, we are strengthening the execution capacity. We believe that product improvement will continue to drive the company to increase the number of active users. & Rdquo;

Twitter second quarter results:

Revenue was $ 574 million, down 5% year-on-year. Based on US GAAP, a net loss of $ 116 million and a net profit margin of -20%, a diluted loss of $ 0.16 per share. Compared with a net loss of $ 107 million, a net profit margin of -18%, and a diluted loss of $ 0.15 per share.

Based on non-US GAAP, net profit of $ 56 million, diluted earnings per share of $ 0.08.

From the second quarter onwards, Twitter has adjusted the "Non-GAAP" Financial Accounting Guidelines under the US Securities and Exchange Commission (SEC) on non-GAAP (non-GAAP) Calculation criteria.

Based on the previous "non-US GAAP" calculation standard, Twitter quarter net profit of $ 87 million, diluted earnings per share of $ 0.12.

Adjusted EBITDA (EBITDA) was $ 178 million, or 31% of total revenue. While EBITDA for the same period last year was $ 175 million, or 29% of total revenue.

The average number of active users in the second quarter was $ 328 million, up 5% year-on-year, unchanged from $ 328 million in the previous quarter. The average number of active users increased by 12%, the third consecutive quarter to maintain double-digit gains.

Performance Outlook:

In the third quarter, Twitter expects EBITDA to reach $ 130 million to $ 150 million; adjusted EBITDA margins will reach 25% to 26%; stock rewards will amount to $ 100 million to $ 110 million.

The total 2017 fiscal year, based on non-US GAAP, total expenditure will fall 3% to 6% compared to 2016 fiscal year; stock rewards will fall 25% to 30%; capital spending will reach $ 300 million to $ 400 million The

Research firm eMarketer expects Twitter advertising revenue this year will grow 1.6% to $ 2.28 billion, of which 90% from the mobile market. EMarketer also expects Twitter's share of the global advertising market to shrink to 1.5% this year.

Currently, Twitter shares are still below the $ 26 IPO price.

China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments