Twitter loses more users but manages to turn a profit

California may have a way to block Trump's offshore drilling push

California may have a way to block Trump's offshore drilling push

Nordea Investment Management AB now owns 19,027 shares of the social networking company's stock worth $340,000 after purchasing an additional 422 shares during the last quarter.

Monthly active users were 330 million, flat sequentially but up 4% year over year.

Despite Twitter being very popular, investors have always been confounded by its inability to turn a profit, even though it has a ubiquitous presence in the media and is widely used by politicians, celebrities, sports stars, and just about everyone who looks to send 280-character messages.

Most notably, Twitter finally turned a profit for the first time since going public four years ago. Revenue and adjusted fourth-quarter profit both topped analysts' targets.

Adjusted profit came in at $0.19 per share, beating analyst expectations of $0.14, thanks to a 2% kick in revenue to $731.6m that also beat the Street's estimates of around $686m, the first revenue growth Twitter had seen since 2016's closing quarter. However, daily active users did grow 12%, which is the silver lining for Twitter in this earning's report. According to their predictions high & low revenue estimates are 702.8 Million and 663.9 Million respectively. In Q4, Twitter optimized its ad serving logic, resulting in a 26% increase in ad engagement rates and and an 18% increase in ROI for advertisers.

Cost of Trump's military parade could run into millions
More ostentatious displays of arms have also been a part of previous parades, as was the case with President John F. Trump was reportedly impressed by a military parade he witnessed in Paris to celebrate Bastille Day previous year .

Total revenue for the 2017 fiscal year was $2.4 billion.

The social media platform reported fourth-quarter net income of $91.1m (£64.97m), marking a comeback from the $167.1m loss reported the previous year.

For 2017, Twitter reported annual revenues of $2.4bn.

Twitter CFO Ned Segal commented in the company's earnings release that "we're pleased with our performance in 2017 and our return to revenue growth in the fourth quarter".

Twitter said user number growth had been held back by "seasonal weakness" and changes made by Apple to its Safari web browser, which cut user numbers by two million.

Can Suppressing a Common Amino Acid Stop Cancer?
And perhaps for people with this type of resistant breast cancer, changing their diet could make a difference. The study has been performed on mice diagnosed with a severe breast cancer.

In fact, Twitter's audience in the USA declined slightly. Twitter says only about 5 percent of its accounts are run by bots.

"Q4 was a strong finish to the year", Twitter CEO Jack Dorsey said in a statement.

Dorsey doubled the number of characters allowed in each tweet in most languages and tried to limit user harassment on the site. Live news and entertainment content have been added to the feed, through third-party deals.

In January, Twitter COO Anthony Noto announced he was leaving to become the chief executive of SoFi.

Traders sold shares of Twitter Inc (NYSE:TWTR) on strength during trading on Wednesday.

Filipina missing after 6.4-magnitude quake in Taiwan
Two strong earthquakes of magnitude 5.3 and 6.1 were recorded within 45 minutes of each other Sunday night near Hualien . Authorities said more than 140 people still remain unaccounted for from one of the buildings damaged by the quake.

The social media sector is trying to cope with a regulatory backlash in Europe and the United States over privacy, addiction to the medium, hate speech and alleged abuse of social media by Russian Federation to sway foreign elections.

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