SAN FRANCISCO based Social Media Company, Twitter, Inc. has announced financial results for its fourth quarter and fiscal year 2016.
The company posted fourth quarter revenue of $717 million, an increase of 1% year-over-year.
Average monthly active users were 319 million for the quarter, up 4% year-over-year and compared to 317 million in the previous quarter. Average daily active usage grew 11% year-over-year, an acceleration from 7% in the third quarter, 5% in the second quarter and 3% in the first quarter of 2016.
Advertising revenue totaled $638 million, down slightly year-over-year. Mobile advertising revenue was 89% of total advertising revenue. Data licensing and other revenue totaled $79 million, an increase of 14% year-over-year. U.S. revenue totaled $440 million, a decrease of 5% year-over year. International revenue totaled $277 million, an increase of 12% year-over-year.
Fiscal Year 2016 Financial Highlights
Total revenue for 2016 reached $2.5 billion, an increase of 14% year-over-year and Net loss declined slightly to $457 Million compared to 2015’s $521 Million.
Download; Twitter Investor Briefing & Financial Highlights
