Is Twitter Finally a Buy in 2021?
In today's video I will be covering the highlights of Twitter's (NYSE: TWTR) Q1 earnings report and talking about how management might have found a way to turn this ship around. New features and monetization are coming. It's just a matter of when.
Twitter reported revenues of $1.04 billion, up 28% year over year. Average monetizable daily average users (mDAU) reached 199 million, up 20% year over year.
Total US revenue was $556 million, an increase of 19%. Total international revenue was $480 million, an increase of 41%, or 38% on a constant currency basis. Japan remains our second-largest market, growing 30% and contributing $170 million, or 16% of total revenue in Q1.
Source Fool.com