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Twitter Ad Revenue Rises Despite Apple's Changes [TheStreet.com]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Twitter(TWTRGet Twitter, Inc. ReportAAPLGet Apple Inc. (AAPL) ReportTwitter said non-GAAP loss for the three months ending in September came in at 54 cents per share, compared to a profit of 19 cents per share from the same period last year and much lower than the Street consensus of a profit of 17 cents a share.Group advertising revenues, Twitter said, rose 41% to $1.14 billion, while total revenues were up 37% at $1.28 billion, with both figures in line with analysts' forecast and Twitter's own estimate of between $1.22 billion and $1.3 billion.Twitter said that its metric of 'monetizable daily active users' (mDAU) rose 13% from last year to 211 million, with U.S. figures rising 4% to 37 million and international totals rising 15% to 174 million."Revenue product improvements, strong sales execution, and a broad increase in advertiser demand contributed to 41% year-over-year growth in ad revenue in Q3," the company said in a statement. "We continued to make progress on our brand and
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