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Twitter Inc (TWTR.N)

TWTR.N on New York Stock Exchange

32.83USD
7 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Twitter Reports Q3 GAAP Earnings Of $1.02/Share
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Twitter Inc ::QUARTERLY GAAP EARNINGS PER SHARE $1.02.QUARTERLY NON-GAAP EARNINGS PER SHARE $0.21.QUARTERLY REVENUE $758.11 MILLION, UP 29 PERCENT.Q3 EARNINGS PER SHARE VIEW $0.14, REVENUE VIEW $702.6 MILLION -- THOMSON REUTERS I/B/E/S.QUARTERLY TOTAL ADVERTISING REVENUE $650 MILLION, UP 29 PERCENT.SAYS EXCLUDING RELEASE OF DEFERRED TAX ASSET VALUATION ALLOWANCES, CO GENERATED Q3 EARNINGS PER SHARE OF $0.14.QUARTERLY TOTAL AVERAGE MONTHLY ACTIVE USERS 326 MILLION, DOWN 4 MILLION; QTRLY COST PER ENGAGEMENT DOWN 14 PERCENT.SAW BROAD-BASED REVENUE GROWTH IN QUARTER ACROSS ALL REGIONS; JAPAN REMAINS SECOND LARGEST MARKET.SEES OPERATING EXPENSE BASE TO INCREASE ON ABSOLUTE BASIS IN Q4.EXPECT TO ACHIEVE HIGH END OF HEADCOUNT GROWTH TARGET BY YEAR-END.SEEN 20 PERCENT Q-O-Q DECREASE IN SUCCESSFUL SIGN-UPS IN QUARTER SINCE INTRODUCTION OF NEW TECHNIQUES FOR DETECTING POTENTIAL SPAMMY/MALICIOUS ACCOUNTS.QUARTERLY TOTAL AD ENGAGEMENTS UP 50 PERCENT, RESULTING FROM INCREASED DEMAND, CONTINUING MIX SHIFT TOWARD VIDEO ADS.SEES SEQUENTIAL DECLINE IN Q4 MAU DUE TO HEALTH WORK, DECISIONS NOT TO RENEW/MOVE TO PAID SMS CARRIER RELATIONSHIPS IN SOME MARKETS.SEES SEQUENTIAL DECLINE IN Q4 MAU ALSO DUE TO DECISION TO ALLOCATE RESOURCES TOWARDS GDPR AND HEALTH.EXPECT DECLINE IN Q4 MAU TO BE MID-SINGLE-DIGIT MILLIONS OF MAU.CONTINUE TO EXPECT FY ADJUSTED EBITDA MARGIN EXPANSION IN 2018.SEES Q4 ADJUSTED EBITDA $320 MILLION-$340 MILLION.SEES Q4 ADJUSTED EBITDA MARGIN 39 PERCENT-40 PERCENT.  Full Article

Twitter's Investigations Confirmed Only One Set Of Technical Circumstances Where Bug Sent Direct Messages To Developers Could Have Occurred
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Twitter Inc ::TWITTER -ITS INVESTIGATIONS CONFIRMED ONLY ONE SET OF TECHNICAL CIRCUMSTANCES WHERE BUG SENT DIRECT MESSAGES TO DEVELOPERS COULD HAVE OCCURRED.TWITTER -OUR TEAM HAS BEEN WORKING DILIGENTLY WITH OUR MOST ACTIVE ENTERPRISE DATA CUSTOMERS ,PARTNERS WHO HAVE ACCESS TO THIS API TO EVALUATE IF THEY WERE IMPACTED.TWITTER SAYS BASED ON INFORMATION MADE AVAILABLE, CAN CONFIRM THAT THE BUG DID NOT AFFECT ANY OF THE PARTNERS.  Full Article

Twitter Bug Sent User Direct Messages To Developers For Over A Year - Tech Crunch
Friday, 21 Sep 2018 

Sept 21 (Reuters) - :TWITTER BUG SENT USER DIRECT MESSAGES TO DEVELOPERS FOR OVER A YEAR - TECH CRUNCH.  Full Article

Tiger Global Management LLC Ups Share Stake In Twitter, Sunrun
Tuesday, 14 Aug 2018 

Aug 14 (Reuters) - TIGER GLOBAL MANAGEMENT LLC ::TIGER GLOBAL MANAGEMENT LLC UPS SHARE STAKE IN TWITTER INC BY 23.8 PERCENT TO 11.7 MILLION SHARES.TIGER GLOBAL MANAGEMENT LLC REPORTS SHARE STAKE IN PIVOTAL SOFTWARE INC OF 1.3 MILLION CLASS A SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC UPS SHARE STAKE IN SUNRUN INC TO 13.9 MILLION SHARES FROM 5.7 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC CUTS SHARE STAKE IN TRANSDIGM GROUP INC BY 12.0 PERCENT TO 2.4 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2018.  Full Article

Twitter, On August 7, Entered Into Revolving Credit Agreement
Friday, 10 Aug 2018 

Aug 10 (Reuters) - Twitter Inc ::TWITTER INC - ON AUGUST 7, ENTERED INTO A REVOLVING CREDIT AGREEMENT - SEC FILING.TWITTER INC - CREDIT AGREEMENT PROVIDES FOR UNSECURED REVOLVING LOAN FACILITY OF $500 MILLION.TWITTER INC - CO MAY BORROW, REPAY & REBORROW FUNDS UNDER REVOLVING FACILITY UNTIL ITS MATURITY ON AUG 7, 2023.  Full Article

Twitter CFO - Ad Revenue Higher In First Half Than Second Half Of World Cup
Friday, 27 Jul 2018 

July 27 (Reuters) - Twitter Inc ::AD REVENUE HIGHER IN THE FIRST HALF THAN SECOND HALF OF THE WORLD CUP - CFO, CONF CALL.TWITTER SAYS NO IMPACT ON REVENUE FROM ‘HEALTH INITIATIVE’ TO IMPROVE PLATFORM - CONF CALL .  Full Article

Twitter Reports Quarterly GAAP Earnings Of $0.13/Share
Friday, 27 Jul 2018 

July 27 (Reuters) - Twitter Inc ::QUARTERLY GAAP EARNINGS PER SHARE $0.13.QUARTERLY NON-GAAP EARNINGS PER SHARE $0.17.QUARTERLY TOTAL REVENUE $711 MILLION, UP 24 PERCENT.QUARTERLY TOTAL ADVERTISING REVENUE $601 MILLION, UP 23 PERCENT.SAYS ABOUT $42 MILLION OF NET INCOME IN Q2 WAS FROM NET TAX BENEFIT PRIMARILY DRIVEN BY RELEASE OF DEFERRED TAX ASSET VALUATION ALLOWANCE FOR BRAZIL.SAYS CHANGES IN FOREIGN EXCHANGE RATES HAD FAVORABLE IMPACT OF $7 MILLION ON Q2 REVENUE.SAYS Q2 AVERAGE MAUS WERE 335 MILLION, UP 9 MILLION; Q2 DAU GREW 11 PERCENT.SAYS Q2 AVERAGE MAUS DOWN 1 MILLION Q-O-Q, REFLECTING IMPACT FROM DECISIONS MADE TO PRIORITIZE HEALTH OF PLATFORM, AMONG OTHERS.SAYS Q2 AVERAGE MAUS DOWN Q-O-Q, ALSO REFLECTING DECISIONS TO NOT MOVE TO PAID SMS CARRIER RELATIONSHIPS IN SOME MARKETS, AND GDPR.SAYS SAW REVENUE GROWTH ACROSS ALL REGIONS IN Q2, WITH PARTICULAR STRENGTH IN ASIA-PACIFIC.SAYS VIDEO ADS CONTINUE TO ACCOUNT FOR MORE THAN HALF OF AD REVENUE, REMAINED FASTEST-GROWING AD FORMAT IN Q2.SAYS JAPAN REMAINS SECOND LARGEST MARKET, GROWING 65 PERCENT IN Q2, CONTRIBUTING $122 MILLION IN REVENUE.SEES Q3 ADJUSTED EBITDA $215 MILLION-$235 MILLION; SEES Q3 ADJUSTED EBITDA MARGIN 33 PERCENT-34 PERCENT.SAYS EXPECT OPERATING EXPENSE BASE TO CONTINUE TO GROW IN Q3 AND AGAIN IN Q4.SAYS Q3 MAU COULD DECLINE Q-O-Q DUE TO HEALTH WORK, DECISIONS NOT TO RENEW/MOVE TO PAID SMS CARRIER RELATIONSHIPS IN SOME MARKETS, AMONG OTHERS.  Full Article

India Govt Issues Circular For Employees On Posting Information On Social Media
Monday, 25 Jun 2018 

June 25 (Reuters) - Ministry of Communications, Govt of India::INDIA GOVERNMENT ISSUES CIRCULAR FOR EMPLOYEES ON POSTING INFORMATION ON SOCIAL MEDIA.INDIA GOVERNMENT SAYS EMPLOYEES MUST CLEARLY IDENTIFY THEMSELVES WHILE POSTING INFO IN PERSONAL CAPACITY.INDIA GOVERNMENT SAYS EMPLOYEES MUST NOT DIVULGE ANY CONFIDENTIAL INFO VIA SOCIAL MEDIA POSTS.INDIA GOVERNMENT SAYS EMPLOYEES SHOULD ENSURE THEIR VIEWS POSTED ON SOCIAL MEDIA SHOULD NOT BE SEEN TO REPRESENT "OFFICIAL VIEW" UNLESS AUTHORISED TO DO SO.  Full Article

Twitter Inc Announces Pricing Of $1.0 Billion Convertible Notes Offering
Thursday, 7 Jun 2018 

June 7 (Reuters) - Twitter Inc ::TWITTER, INC. ANNOUNCES PRICING OF $1.0 BILLION CONVERTIBLE NOTES OFFERING.PRICING OF $1.0 BILLION AGGREGATE PRINCIPAL AMOUNT OF 0.25% CONVERTIBLE SENIOR NOTES DUE 2024.NOTES WILL BE SENIOR, UNSECURED OBLIGATIONS OF TWITTER AND WILL BEAR INTEREST AT A RATE OF 0.25% PER YEAR.TWITTER - SALE OF NOTES TO INITIAL PURCHASERS EXPECTED TO SETTLE ON JUNE 11, 2018 AND IS EXPECTED TO RESULT IN ABOUT $989.0 MILLION IN NET PROCEEDS.  Full Article

Tiger Global Dissolves Stake In Alphabet, Takes Stake in Twitter
Tuesday, 15 May 2018 

May 15 (Reuters) - Tiger Global Management LLC::DISSOLVES STAKE IN ALPHABET - SEC FILING.REPORTS SHARE STAKE OF 200,000 CLASS A SHARES IN DROPBOX - SEC FILING.UPS SHARE STAKE IN FACEBOOK TO ABOUT 5 MILLION CLASS A SHARES FROM 2.4 MILLION CLASS A SHARES - SEC FILING.TAKES STAKE IN TWITTER INC OF 9.5 MILLION SHARES.DISSOLVES STAKE IN ETSY - SEC FILING.UPS SHARE STAKE IN FIAT CHRYSLER TO 26 MILLION SHARES FROM 22.1 MILLION SHARES - SEC FILING.TAKES SHARE STAKE OF 5.7 MILLION SHARES IN SUNRUN - SEC FILING.CHANGE IN HOLDINGS ARE AS OF MARCH 31, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF DEC 31, 2017.  Full Article

Twitter CEO criticized for no mention of Rohingya plight in Myanmar tweets

SINGAPORE, Dec 10 Twitter CEO Jack Dorsey has come under fire for tweets about his meditation retreat in Myanmar and encouraging people to visit the country without mentioning what the United Nations has described as "ethnic cleansing" of the Rohingya Muslim minority.