Growth in number of users boosts Twitter revenue by a fifth
by Alex Hern from Technology | The Guardian on (#4KZMM)
Tweaks to user experience help company to better-than-expected profitability of $76m
Twitter's revenue rose by almost a fifth year on year, the company reported on Friday, leading to "better-than-expected profitability" of $76m (61m) in the second quarter of 2019, although this was down from $80m in the same period last year.
The results were boosted by strength in US advertising revenue, which was up by 24% overall, in part due to growth in "monetisable daily active users", which reached 139 million people, up 14% year on year.
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