Twitter reports $61 million profit in Q1 2018, has 336 million monthly active users

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Twitter has revealed financial results for Q1 2018. The company has generated a total revenue of $665 million, an increase of 21% year-over-year, or an increase of 27% year-over-year when excluding the approximately $23 million of revenue in Q1’17 from fully-deprecated TellApart product. The company has reported the quarterly GAAP net income at $61 million, compared to a net loss of $62 million in
the previous year, with a GAAP net margin of 9% and GAAP diluted EPS of $0.08. Continue reading “Twitter reports $61 million profit in Q1 2018, has 336 million monthly active users”