Here is the latest report that Twitter announced its financial report card of Q1 of this year and as per the report from company, their general service is decreasing day by day but they’ve seen a great growth in mobile advertising.
Twitter reported that the company generated $250 Million in terms of revenues and almost $226 Million of revenue came directly from advertising.
— TwitterIR (@TwitterIR) April 29, 2014
In addition to this, company said that now they have passed 255 Million monthly active users and 198 Million of their total active users came directly from the help of mobile services.
Here are the summary of Twitter’s Q1 2014 Financial report:
1. Average Monthly Active Users (MAUs) were 255 million as of March 31, 2014, an increase of 25% year-over-year.
2. Mobile MAUs reached 198 million in the first quarter of 2014, an increase of 31% year-over-year, representing 78% of total MAUs.
3. Timeline views reached 157 billion for the first quarter of 2014, an increase of 15% year-over-year.
4. Advertising revenue per thousand timeline views reached $1.44 in the first quarter of 2014, an increase of 96% year-over-year.