Twitter reported income of of $1.28 billion within the third quarter of 2021, together with promoting income of $1.14 billion. Whereas advert income was up greater than 40 % 12 months over 12 months, the corporate missed Wall Avenue expectations on income and earnings per share, with a one-time $800 million lawsuit settlement pushing the corporate to a loss within the quarter of $537 million.
Twitter’s key subscriber metric, monetizable every day energetic customers (mDAU) hit 211 million within the quarter, up 13 % from a 12 months in the past.
In Q2, Twitter reported 206 million monetizable energetic every day customers, and handily beat Wall Avenue expectations with $1.19 billion in income. Promoting income in Q2 totaled $1.05 billion.
Extra to return…