Twitter (TWTR) Reports Q2 EPS of 8c, Reports MAU of 328M

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:

• Adjusted EBITDA to be between $130 million and $150 million;
• Adjusted EBITDA margin to be between 25% and 26%; and
• Stock-based compensation to be between $100 million and $110 million.

Additionally, for the full year 2017, Twitter expects:

• Total non-GAAP expenses to be down 3% to down 6%, compared to full year 2016;
• Stock-based compensation to be down 25% to down 30%, compared to full year 2016; and
• Capital expenditures to be between $300 million and $400 million.

For earnings history and earnings-related data on Twitter (TWTR) click here.

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