The flat monthly user base was due in part to Twitter working to improve its "information quality", or helping users "detect malicious manipulation" of content, Dorsey told analysts. Twitter is clearly trying to make story-telling easier by allowing even more context to its algorithms to make them smarter when it comes to serving ads, with the addition of live formats to its features.
Data source: Twitter fourth-quarter shareholder letter.
Basically, a price target is an individual analyst's projection on the future price of a stock. 8 analysts say it's a Hold while 0 analysts provided their expert opinion as Sell.
On Wednesday, Twitter stock settled at $26.91 - up 6.6% on a halo lift from Snap (SNAP), and not far from its February 1 two-year high of $27.33.
Modi to meet Palestinian Authority chairman during Mideast tour
He also meet the Indian Community in Abu Dhabi and lay the foundation stone of a Hindu Temple to be built in Abu Dhabi. He will also visit the Sultan Qaboos Grand Mosque and a Shiva temple afterwards.
In terms of earnings per share, 24 analysts have a 0.09 EPS mean target for the quarter ending Mar-18, for the quarter ending Jun-18, 24 analysts have a 0.10 EPS mean target and for the quarter ending Jun-18 there are 36 estimates of 0.46 EPS. The introduction of 280-character tweet and the launch of "threads" last quarter has generated positive feedback and offered marketers a larger creative canvas when developing their message.
In other news, General Counsel Vijaya Gadde sold 135,000 shares of the firm's stock in a transaction dated Friday, November 10th.
According to the company, MAU was impacted by seasonality and the change to Safari's third-party app integration, which affected approximately 2 million MAU in the quarter - roughly 1 million in the USA and 1 million in worldwide markets.
The stock has 90.58% to a low 52-week low and showed -1.54% to a 52-week high. However, Twitter, as it has previously done, did not release a specific number for daily active users, stating simply that this number increased 12%.
Shares of Twitter Inc (NYSE:TWTR) opened at $33.76 on Thursday. The stock was sold at an average price of $26.17, for a total transaction of $157,491.06. Insiders own 10.79% of the company's stock. The company has a debt-to-equity ratio of 0.35, a current ratio of 10.40 and a quick ratio of 10.40. The return on assets stands at -5.3%, Return on Equity now is -7.8% and the Return on Investment value is -6.1%. Three months later, and figures had rebounded to 330 million monthly active users. Currently, the 14-day Relative Strength Index (RSI) reading is at 64.27. Partnervest Advisory Services LLC now owns 27,893 shares of the social networking company's stock worth $670,000 after purchasing an additional 2,500 shares during the last quarter. The Free Cash Flow or FCF margin is 31.53.