Twitter shares are in green

Twitter – is one of the most popular social networks for public messaging using a web interface, SMS, instant messaging. According to Alexa Internet, Twitter is rated as one of the ten most-visited websites worldwide.
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Twitter Inc (TWTR.N) published data on Friday, July 26 of income. The company's revenue was higher than expected in the second quarter. The number of daily users who see ads on the site has grown due to changes showing more tied in with content to users. As a result, its shares popped over by 5%.
Nevertheless, the company itself forecasts profit in the third quarter below many estimates of Wall Street. The head of Twitter assumes that yield growth will get behind the first two quarters, including the termination of the use of some old advertising formats.
Revenues and the number of Twitter users have been in the spotlight since the social networking platform began to delete millions of spam or fake accounts. The developers deleted only user accounts that promoted toxic utterances or spread political disinformation, thereby helping to reduce the number of users per month until 2018.
Chief Executive Officer Jack Dorsey said that the number of spam or suspicious behavior on the platform has decreased by 18%. The company reported an increase in monthly active users in the first quarter, which caused talks that Twitter is returning to growth but has since stopped disclosing an MAU account.
According to IBES data from Refinitiv, the daily active users of this social network in monetary terms (mDAU) was 139 million, which impressed analysts, which predicted of 135 million.
The company also gained $ 727 million in advertising revenue in the second quarter of 2019.
In the second quarter of 2019, the monetized Twitter audience (mDAU) averaged 139 million users per day versus 122 million a year earlier. The metric takes into account users who see ads on the social network and excludes those who get on Twitter through additional services like TweetDeck, specifies Reuters. In the first quarter, mDAU was 134 million.
Twitter income in the second quarter jumped by 18% and amounted to $ 841 million. The company's net profit climbed to $ 1.1 billion from $ 100 million a year earlier. Profit soared due to tax bonuses in the amount of $ 1 billion, because of the restructuring of the company. Gaining of advertisement was $ 727 million.
Analysts had expected Twitter to report about $ 829 million in revenue, while mDAU would be 135 million users. In the third quarter, Twitter predicts revenue of $ 815-875 million.
Twitter continues building partnerships with large corporations. On Thursday, July 25, NBCUniversal announced that they would come together for vital parts of the 2022 Olympics. It was the last stage in the series of Twitter deals directed to stimulating sports conversations on the platform.
He also expanded his multimedia functions by launching the Snapchat-style camera function in the Twitter app.
Last week, the company launched an updated website and in March launched "twttr", a prototype application where certain users can try out new functions as part of their efforts to simplify the search and tracking of conversations.
The information above cannot be considered as an investment advice and past results do not indicate future performance.  
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