Emily Tan
Apr 26, 2018

Twitter's ad revenue shoots up 28% driven by audience growth and new ad products

These results were in tandem with growth in Twitter's daily-active-users (DAUs), which grew 10% year-on-year.

Twitter may have turned a corner, posting its second profitable quarter in a row on the back of strong ad revenue growth of 21% to $575 million.

The social media platform's owned and operated OO advertising revenue was $533 million, an increase of 28% year-over-year and drop of 10% from the previous quarter.

This contributed to overall revenue growth of 21% totalling $665 million and a net income of...

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