Advertisers saw that the total number of advertisements increased by 23% compared with last year, and the price for interaction decreased by 4%.
According to the earnings report released on Tuesday, Twitter showed an 18 percent increase in advertising revenue over the same period last year, receiving $ 679 million in the first quarter of 2019. Total revenue also increased by 18% compared with last year and amounted to 787 million dollars.
“We have never been so confident in our strategy and performance and see a great opportunity to expand our audience and provide even more value to advertisers,” said Twitter financial director Ned Segal.
Advertisements are moving in the right direction. Twitter reported that in the first quarter, the total number of advertisements increased by 23% over the same period last year, and the price for interaction decreased by 4%.
Twitter's new user rate. In the last quarter, Twitter did not report its MAU (monthly active users), instead focusing on a new metric that it presented earlier this year: monetized daily active users or mDAU. According to Twitter, compared to last year, in the first quarter of 2019, mDAU increased by 14 million to 134 million, and in the US - by 28 million.
