For Q1, it expects its total revenue to be between $825 million and $885 million
advertising revenuehas gone up by 12% to $885 million in Q4.
- While it earned $1.01 billion revenue in Q4, its revenue for fiscal year 2019 stood at $3.46 billion.
- For Q1, it expects its total revenue to be between $825 million and $885 million.
Twitter’s costs and expenses for the year totaled $3.09 billion, an increase of 19% year-over-year. This resulted in operating income of $366 million and 11% operating margin.
For the quarter, its total ad engagements increased 29% yoy and cost per engagement (CPE) decreased 13% yoy.
Stating its objectives for 2020, the microblogging site said that it will have four key focus areas - increasing development velocity and trust, increasing healthy public conversation, increasing revenue durability and enabling anyone, anywhere to work at Twitter.
For Q1, it is targeting a total revenue of $825-$885 million and operating incomes between $0 million and $30 million.
“2019 was a great year for Twitter. Our work to increase relevance and ease of use delivered 21% mDAU growth in Q4, with more than half of the 26 million mDAU added in 2019 directly driven by product improvements,” said
“We reached a new milestone in Q4 with quarterly revenue in excess of $1 billion, reflecting steady progress on revenue product and solid performance across most major geographies, with particular strength in US advertising,” said