\tTwitter posted a healthy profit for the last quarter of 2018 despite a fall in monthly active users, with CEO Jack Dorsey confident the company will deliver a strong performance in 2019.<\/p>\n
Revenue of $909 million was up 24 per cent year-on-year, which Twitter stated was a strong finish to 2018 \u201creflecting better-than-expected performance across most products and geographies\u201d.<\/p>\n
Net income was\u00a0$255 million, compared with $91 million\u00a0in the same period of 2017, and maintained a run of profitability which began in Q4 2017.<\/p>\n
Monthly active users were 321 million, down from 330 million, which Twitter said was in part due to \u201congoing success removing spammy and suspicious accounts.\u201d<\/p>\n
Dorsey said: \u201c2018 is proof that our long-term strategy is working. Our efforts to improve health have delivered important results\u2026We enter this year confident that we will continue to deliver strong performance by focusing on making Twitter a healthier and more conversational service.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
Twitter posted a healthy profit for the last quarter of 2018 despite a fall in …<\/p>\n
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