Twitter, Inc. (TWTR) is expected to report earnings on July 27 before market open. The report will be for the fiscal quarter ending June 2018. Shares are trading at 43.31, down -0.25%.
Twitter rang in its second straight profitable quarter while surpassing analysts' expectations for the top and bottom line. The growth in daily active users comfortably outpaced monthly active user growth. In addition, improvement in engagement resulted in attracting more ad dollars.
While there is uncertainty in data access and possibly in ad revenue in the wake of the General Data Protection Regulation, or GDPR, most analysts believe Twitter will remain profitable throughout 2018 and beyond, as the firm continues to attract more video ad dollars.
www.finstead.com/bit...preview-July-24-2018
Twitter rang in its second straight profitable quarter while surpassing analysts' expectations for the top and bottom line. The growth in daily active users comfortably outpaced monthly active user growth. In addition, improvement in engagement resulted in attracting more ad dollars.
While there is uncertainty in data access and possibly in ad revenue in the wake of the General Data Protection Regulation, or GDPR, most analysts believe Twitter will remain profitable throughout 2018 and beyond, as the firm continues to attract more video ad dollars.
www.finstead.com/bit...preview-July-24-2018