The company was Twitter suffer financially for many years, but in 2018, police were able to improve the situation and return to the right track. The company announced its financial results for the fourth quarter and for the year 2018 in full, and the results are impressive. During the twelve months, the company achieved an income of $ 1.2 million USD, which compares with a loss of $ 108 million incurred by the company in the end of the year 2017. Revenue is 3.042 million, of which 909 million in the last quarter, this represents an increase of 24 percent compared with the same period of 2017.
As revealed Twitter and also on its user base. Users who open the house once a month at least number 321 million, less than a quarter of the four quarters previous. Dip each of the users of International, American, compared with the same period of the year 2017, but the increased number of users daily, this is good news for investors. This category of users number of 126 million, including 27 million from the United States of America. The figures were arranged regularly on a quarterly basis.
Returning to the financial report, it turns out to 791 million USD of the proceeds from the fourth quarter of 2018 came from ads, while the $ 118 billion from the sale of licenses data. The total income during the holiday period, 255 million, which is the equivalent of three times what the company achieved in the fourth quarter of 2017.
Said Jack Dorsey, CEO of Twitter, that the past 12 months proving that long-term strategy to improve the situation and improve the features work. The company has introduced an option in its application on mobile devices allows you to view the latest or most important tweets, this is the option that was accepted well by the users. However, the network is still twitter need to be more changes, will do so when browsing through other social networks such as Facebook and Instagram.