|Bid||36.47 x 100000|
|Ask||36.52 x 100000|
|Day's range||36.46 - 36.59|
|52-week range||22.33 - 38.97|
|Beta (3Y monthly)||-0.31|
|PE ratio (TTM)||12.09|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
With user growth accelerating after a period of declines, Twitter stock is trying to hold up after an earnings-fueled gap up.
Jul.26 -- Ned Segal, Twitter Inc. chief financial officer, discusses the social-media company's second-quarter earnings and user growth with Bloomberg's Emily Chang on "Bloomberg Technology."
At a press event in San Francisco, Twitter Product Lead Kayvon Beykpour talked about a number of product changes coming to the company's service, he also addressed the oft-memed user request for an edit button. Twitter announced earlier in the event that the company is testing the ability to let users follow topics the same way they would ordinarily follow accounts.
You may soon be able to organize Twitter's web of hashtags and handles in asmarter way -- that is, if the company can pull off its ambitious newrethinking of the app's timelines
Major social media stocks Twitter (TWTR), Snap (SNAP), and Pinterest (PINS) have risen in the last month. Can they hold on to their gains?
Twitter in more recent months has been focused on making conversations on itsplatform easier to follow, participate in and, in some cases, block
Google and Twitter are among the companies now using EPYC Rome processors, AMDannounced today during a launch event for the 7nm chips
Twitter has disclosed more bugs related to how it uses personal data for adtargeting that means it may have shared users data with advertising partnerseven when a user had expressly told it not to
Consumer data is a powerful tool that companies use to decide where to place advertisements, what content to feature, and which consumers might be interested in the product. Big technology companies have been under scrutiny from regulators around the world over their data sharing practices. The data that Twitter said it might have used include a person's country code, their engagement details with a particular ad and inferences made about the devices they use.
Twitter's revenue and number of users have been in focus since the social media platform started deleting millions of spam or fake accounts promoting hate speech or spreading political misinformation, contributing to declines in monthly users through 2018. The company reported a rise in monthly active users in the first quarter, fueling speculation that Twitter was returning to growth, but has since stopped disclosing its MAU count. Instead, this quarter it reported monetizable daily active usage (mDAU), a metric it created to measure only users exposed on a daily basis to advertising on the site and exclude those who access Twitter via aggregating sites like TweetDeck.
(Bloomberg) -- Twitter Inc. reported sales that beat Wall Street expectations as the social media company attracted millions of new users with better ways of sorting users’ feeds and more relevant notifications. The shares rose 8.7%.Second-quarter revenue came in at $841 million, up 18% from the same quarter last year and higher than the $829 million analysts estimated. The company added 5 million daily users in the period, bringing the total to 139 million. That was the biggest year-over-year increase since the summer of 2017.Net income, excluding certain items, was $37 million, or 5 cents a share. That compares with $58 million, or 8 cents a share, a year earlier, Twitter said.The most notable blip in the report was guidance: The company expects third-quarter revenue to be between $815 million and $875 million. On average, analysts were looking for sales of $872 million. One reason for the softer forecast: Twitter plans to retire some ad formats in coming quarters.“We’ve made the decision to shut down some revenue products that were big enough that they might impact near-term revenue, but small enough that they weren’t long-term priorities,” Chief Financial Officer Ned Segal said. “Instead, we are focused on our most important products, delivering higher performing, better formats for our customers.”Twitter has turned a profit in seven straight quarters and user numbers have steadily risen in the past two years. That follows a decade of losses, executive reshuffles, layoffs and declining usage. The shares rose to $41.44 at 9:41 a.m. in New York Friday, bringing gains for the year to 44%.A more persistent problem is the behavior of spammers and trolls on Twitter’s service. The company said on Friday that it continues to battle these bad actors.“Health is our top priority,” the company wrote in its earnings release, saying efforts to spot and address malicious activity resulted in an 18% decline in reports of spammy or suspicious behavior.Future sales growth may come from expanding advertising overseas. Just 21% of Twitter’s daily users are based in the U.S., yet 52% of its revenue comes from the country. That means the company can either show more ads to international users, or try to raise ad prices in other countries.A second opportunity is the 2020 U.S. election. President Donald Trump is Twitter’s most famous user, and the social media service has already hosted numerous spats between candidates. That keeps people logged on to Twitter, but also raises free speech questions.Trump was found to be violating the first amendment for blocking critics on the network, and he has slammed political opponents from his Twitter account. He’s also accused Twitter of bias and making it harder for users to follow his account. Trump has more than 62 million followers.Still, Twitter didn’t see significant revenue growth from political ads during the 2016 Presidential election or 2018 U.S. midterms. So the 2020 election may simply provide Twitter with more of the social influence it already has.Bloomberg LP, the parent company of Bloomberg News, produces TicToc, a global breaking news service for Twitter.(Updates with shares.)\--With assistance from Karen Lin.To contact the reporter on this story: Kurt Wagner in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Alistair Barr, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Two days after Facebook reported growing numbers (even amid its regulatoryturmoil), its social media counterpart Twitter today announced its Q2 results
Twitter's revenue and number of users have been in focus since the social media platform started deleting millions of spam or fake accounts promoting hate speech or spreading political misinformation, contributing to declines in monthly users through 2018. Chief Executive Officer Jack Dorsey said the platform saw an 18% drop in reports of spammy or suspicious behaviour across all Tweet detail pages, which show the replies to any given Tweet on the service. The company reported a rise in monthly active users in the first quarter, fuelling speculation that Twitter was returning to growth, but has since stopped disclosing its MAU count.