It’s the first time Twitter reported year-over-year revenue growth in the past four quarters.
That positive news was coupled with the fact that Twitter’s user base didn’t grow at all last quarter.
The company still has 330 million monthly users, up 4 percent from a year ago, but not up at all over Q3.
Similar to Facebook , it looks like Twitter has officially tapped out its user base in the United States.
Twitter fluctuated back and forth between those two numbers for all of 2017, so it wasn’t a total surprise.
Those 68 million users accounted for more than half of Twitter’s advertising revenue last quarter.
Twitter stock is up 13 percent in early pre-market trading.
- Twitter Posts First Real Profit, Sending Shares SoaringBloomberg
- Twitter posts first-ever profit despite lingering bot issuesCNET
- Twitter rockets more than 20 percent after the company reports first-ever net ...CNBC
- Twitter lost users in the US again, but it finally made a profitThe Verge
- Twitter Earnings, Revenue Top Views, Daily Active Users Up 12%Investor's Business Daily
- Twitter shares surge 15 percent on first quarterly profitKDAL
- Twitter posted a surprise jump in revenue — but it's struggling to gain usersBusiness Insider
- Twitter Reports First Ever Net Profit; Stock SurgesNasdaq
- Twitter posts big numbers in the fourth quarter, shares soarABC News