Twitter (TWTR) Tops Q3 EPS by 3c

Twitter (NYSE: TWTR) reported Q3 EPS of $0.10, $0.03 better than the analyst estimate of $0.07. Revenue for the quarter came in at $589.6 million versus the consensus estimate of $586.73 million.

Twitter’s engagement and audience are growing. Daily active usage (DAU*) grew 14% year-over-year and monthly active usage (MAU**) grew 4% year-over-year***, an absolute increase of 4 million quarter-over-quarter, with gains in the US and internationally.

For Q4, they expect:

● Adjusted EBITDA to be between $220 million and $240 million

● Adjusted EBITDA margin to be between 35% and 36%

● Capital expenditures to be no more than $110 million

● Stock-based compensation expense to be in the range of $90 million to $100 million

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

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