Twitter Revenue Growth Rate
Twitter s daily user base rose 14 to 139 million an increase of 5 million users.
Twitter revenue growth rate. With the quarterly revenue reported in the sep 30 2020 period twitter inc s cumulative twelve months revenue were 3 451 millions company would post below average annual revenue growth of 4 13 year on year if the fiscal year would end at sep 30 2020. Global mobile internet advertising revenue 2014 2018 u s. This followed several years of gradual growth in twitter annual net revenue. Twitter points to improved click through rates and audience growth for these numbers.
Twitter reported its q3 fy 2020 earnings on october 29 2020 with mixed results for the quarter. The microblogging company s shares plummeted to a four month low on news that twitter s quarterly revenue of 717 million was an increase of only one percent year over year and a failure to meet wall street s expectations of 740 million. If your twitter marketing strategy could benefit from what looks like cheaper and more engaging ads you might want to check out our guide to using twitter ads. Mobile ad revenue share 2016 2019 by company u s.
Twitter social network advertising revenue share 2015 2018. The company posted revenue of. Cumulative revenue growth comment. Twitter annual net revenue 2010 2019 usd millions.
In q3 2020 ended september 30 2020 twitter generated net income of 28 7 million down 21 5 from the same three month period a year ago. Annual twitter net revenue was in excess of 1 billion in 2018 and 2019 reaching 1 5 billion in the latter year. Twitter s owned and operated advertising revenue was up 28 year over year. Twitter s advertising revenue was up 21 year over year a sharp acceleration from 1 growth in q4.
The company far surpassed analyst expectations on revenue representing 13 7 yoy growth as opposed. In april twitter forecast revenue of 770 million to 830 million for the quarter. Twitter today posted its worst quarterly revenue growth since becoming a publicly traded company back in 2013.