Twitter (TWTR) Reports Q2 EPS of 8c, Reports MAU of 328M
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Twitter (NYSE: TWTR) reported Q2 EPS of $0.08, may not compare to the analyst estimate of $0.05. Revenue for the quarter came in at $573.9 million versus the consensus estimate of $536.62 million.
Average MAU was 328 million for the quarter, up 5% year-over-year and compared to 328 million in the previous quarter. Average DAU grew 12% year-over-year, marking the third consecutive quarter of double-digit growth.
Outlook
Twitter today provided guidance for the third quarter and full year 2017.
Similar to the last three quarters, the company is providing adjusted EBITDA, adjusted EBITDA margin, and stock-based compensation expense guidance.
For the third quarter, Twitter expects:
Additionally, for the full year 2017, Twitter expects:
For earnings history and earnings-related data on Twitter (TWTR) click here.
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