Twitter: 1Q21 revenue of US$1.036 billion, turning loss into profit year-on-year

Twitter: 1Q21 revenue of US$1.036 billion, turning loss into profit year-on-year

On April 30, 2021, Twitter (TWTR.US) released its first quarter 2021 financial report ending March 31, 2021. Data showed that the company's Q1 revenue was US$1.036 billion, compared with US$808 million in the same period last year, a year-on-year increase of 28%; net profit was US$68.005 million, compared with a loss of US$8.396 million in the same period last year.

Basic earnings per share were $0.09, compared with a loss of $0.01 in the same period last year; diluted earnings per share were $0.08, compared with a loss of $0.01 in the same period last year.

The company had cash and equivalents of $4.249 billion at the end of the quarter, compared with $3.463 billion in the same period last year.

By business segment, advertising business revenue was US$899 million, compared with US$682 million in the same period last year, a year-on-year increase of 32%; data licensing and other business revenue was US$137 million, compared with US$125 million in the same period last year, a year-on-year increase of 9%.

The number of monetizable daily active users (mDAU) was 199 million, lower than the market expectation of 200 million, and compared with 166 million in the same period last year, a year-on-year increase of 20%.

The company expects second-quarter revenue of $980 million to $1.08 billion, while the market expects $1.05 billion; it expects mDAU to show low double-digit growth for the rest of the year, and the increase in mDAUs in the second quarter may be low.

As of press time, the company's U.S. stock fell 11.23% after hours on Thursday to $57.78.

via Zhitong Finance

<<:  Canalys: Southeast Asia smartphone shipments in Q3 2022 were 23.5 million, down 4% year-on-year

>>:  Do I need to change my blood pressure medication after taking it for a long time?

Recommend

Is it better for pregnant women to have a thick or thin belly?

We all know that in life, many pregnant women pay...

Will drinking tea frequently cause kidney stones? The truth is...

“Drinking tea frequently can lead to kidney stone...

Can I eat bananas during menstruation?

Bananas have medicinal value. They can act as a d...

How to remove the earthy smell of freshwater fish

We all know that there are many types of fish, an...

How many days after menstruation is it easy to get pregnant

Many women who want a baby are actively preparing...

The harm of using warm uterus patch at night

Many women use warming patches, which can warm th...

What are the consequences of smoking during pregnancy

Many women drink alcohol, coffee and smoke before...

What are the causes of uterine enlargement?

The uterus is a very important reproductive organ...

What causes leucorrhea with blood after menstruation?

Women secrete a liquid in their vagina, which is ...

Why does a breast piercing cause headache?

The two most important parts of women are private...

Do endometrial polyps require surgery?

Is it necessary to undergo surgery for uterine in...

Can I do my hair after the confinement period?

It is women's nature to love beauty. For the ...

What is red discharge before period?

Generally, female friends will have red secretion...

At what age does a woman get her period?

As women age, they will have menstruation, and th...