'2018 is proof that our long-term strategy is working,' CEO Jack Dorsey said in a statement. 1,800 crores), more than double what it made during the same period in 2017. 6,500 crores) in revenue for the fourth quarter, up 24 percent from a year prior, with a profit of $255 million (roughly Rs. Twitter brought in $909 million (roughly Rs. The company also posted another profitable quarter, its fifth consecutive period of profitability.
Twitter has historically disclosed the percentage growth of its daily users, but not the actual figure.
Twitter also said its daily user numbers only include those accounts that can see advertisements it excludes, for instance, people who use third-party apps that don't show ads, which the company says makes its figures 'not comparable to current disclosures from other companies.' While the new figure reveals Twitter's lesser size in comparison with other social networks, the number of daily users continues to grow, with a 9 percent increase in daily active users compared with the same period last year. In its earnings report released Thursday morning, Twitter said it has 126 million daily active users, a figure that is dwarfed by Facebook's 1.2 billion daily users and that falls short of Snapchat's daily users by 60 million. Twitter on Thursday for the first time disclosed the number of users who compose and read tweets on the site each day.
