Twitter Inc pulled in $1 billion in quarterly revenue for the first time on Thur...
) pulled in $1 billion in quarterly revenue for the first time on Thursday, beating expectations as efforts to make its platform more user-friendly brought in more people, and sending its shares up 14% in early trading.
Twitter has also focused on relevant content and notifications, which has boosted average monetisable daily active users , or users who see ads when logged in through twitter.com or Twitter applications. Rolling out new features at a faster pace is one of Twitter’s top priorities for the year, Chief Executive Officer Jack Dorsey said during an earnings call with analysts.
Twitter’s total U.S. revenue rose 17% to $591 million, compared with a 3% uptick in international revenue. On Tuesday, Twitter said it would apply “false” warning labels to tweets containing synthetic or deceptively edited forms of media and remove such media if it is likely to cause harm.
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