Twitter is one of the most interesting social networks out there. Without a direct competitor to match and without overwhelming numbers of users, It is still one of the social networks preferred by its users.
And it remains so despite numerous criticisms, such as limitations to third-party apps, that timeline that they are not and show "highlights", and a long list of functions that users do not ask for and a lot of functions that they do not ask for.
However, This last fiscal quarter (Q1), Twitter announced net profits of almost $ 200 million (191 million) and earnings per share of $ 0,25.
Gross income reaches 787 million euros, 18% more than the same period last year, which means higher than expected income for everyone, investors and analysts.
Regarding active monthly users (Monthly Active Users, a very common measure on social media), has dropped by 6 million, to 330 million users in a year.
This drop, Twitter relates it to its strong campaign to eliminate false accounts, spam, fake news, etc. which drastically decreases monthly active users, but benefits the service in the long run.
To put it in another context, Twitter mentions that daily monetizable active users have risen to 28 million, two million more than last year. A much more interesting measure for investors.
Twitter is still there, is what these fiscal results tell us. Despite not growing at the level of Instagram or other social networks, the truth is that it does not decrease or disappear, as many social networks have done. 13 years after its creation and after many problems, it is a joy that Twitter continues to be able to make a profit on its own.