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Twitter +3.7% on Q1 beats, ad revenue growth

Published 04/25/2018, 07:42 AM
© Reuters.  Twitter +3.7% on Q1 beats, ad revenue growth
TWTR
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  • Twitter (NYSE:TWTR) shares gain 3.7% premarket on Q1 results that beat EPS and revenue estimates with a 21% Y/Y revenue growth. Q2 guidance expects adjusted EBITDA from $245M to $265M, EBTIDA margin from 37% to 38%, and stock-based compensation expense from $85M to $95M.
  • FY18 guidance has stock-based compensation expense from $350M to $450M and capex from $375M to $450M.
  • Key metrics: Owned-and-operated ad revenue grew 28% on the year. DAUs grew 10% on the year and MAUs grew 3% on the year to 336M.
  • Earnings call is scheduled for 8 AM Eastern with a webcast available here.
  • Press release.
  • Previously: Twitter beats by $0.05, beats on revenue (April 25)
  • Now read: What's The Impact Of Cryptocurrency Ad Bans?


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