Twitter Announces First Quarter 2019 Results
Twitter, Inc. (TWTR)
Last twitter, inc. earnings: 4/30 07:00 am
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Source: PR Newswire
SAN FRANCISCO, April 23, 2019 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced financial results for its first quarter 2019."We are taking a more proactive approach to reducing abuse and its effects on Twitter," said Jack Dorsey, Twitter's CEO. "We are reducing the burden on victims and, where possible, taking action before abuse is reported. For example, we are now removing 2.5x more Tweets that share personal information and ~38% of abusive Tweets that are taken down every week are being proactively detected by machine learning models. We're also continuing our work to make Twitter more conversational via the launch of our public prototype app (twttr), with the end goal of making conversation on Twitter feel faster, more fluid, and more fun.""We're delivering strong results with ad revenue up 18% year-over-year, demonstrating Twitter's unique value proposition for advertisers as the best place to launch something new or connect with what's happening," said Ned Segal, T
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