investorschatroom.com

Sci-tech

Twitter Posts Profit In Q4 2017 For First Time Ever

Share
Enlarge this image

It is the "top line" or "gross income" figure from which costs are subtracted to determine net income. Of all equities tracked, Twitter had the 0th highest net out-flow for the day.

Its net income - a first in the company's almost 12-year history - was $91 million, or 12 cents per share. According to today's trading volume Twitter, Inc.is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Last month, Twitter's COO Anthony Noto announced plans to leave the company to take over as CEO of a startup. The stock hasn't seen the $30 level since November 2015. "(NYSE:TWTR) were released by: "Investorplace.com and their article: "#MoreofSame for Twitter Inc Stock Going Into Thursday's Earnings Report" published on February 07, 2018 as well as Bloomberg.com's news article titled: "Twitter Soars After Surprise Sales Gain, First Real Profit" with publication date: "February 08, 2018.

Analyst's ratings play a very important role in outlining a stock's performance. The stock has a consensus rating of "Hold" and an average target price of $20.03.

The company now has an insider ownership of 0.8 Percent and Institutional ownership of 52.2 Percent. The relative volume of the stock is 1.25, while its market cap is $19.63 Billion. Twitter had a negative net margin of 15.08% and a negative return on equity of 1.21%. Overall, revenue increased 2% for a total of $731.6 million.

Average monthly active users grew 4% for a total of 330 million from a year earlier and flat compared to the previous quarter. Following the completion of the sale, the director now owns 2,441,312 shares of the company's stock, valued at $49,021,544.96. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. At its current stock price, that gives it a price-to-earning ratio of more than 70. The disclosure for this sale can be found here.

German chancellor urges compromise in coalition talks
After weeks of negotiations, Germany's main political parties have finally reached an agreement to govern together. Merkel at first turned to two smaller parties , the Free Democrats and Greens, to form a new government.

New features coming to PS4's operating system in big 5.50 update
The mode gives PS4 Pro owners who don't own a 4K display the option to enjoy an enhanced visual experience. With this new feature, users can listen to their favorite tracks while streaming games on PS Now.

Oil jumps as Goldman Sachs boosts price forecast by third
Brent for April delivery traded up 52 cents at Dollars 69.41 a barrel at 11:45 a.m.in London after earlier rising to USD 69.67. If you look at the production as oil prices have soared, it's very evident that these producers want to cash in.

The stock increased 16.54% or $4.45 during the last trading session, reaching $31.36.

Several other hedge funds and other institutional investors have also recently made changes to their positions in TWTR. Twitter also believes that the fairly-new abilities to thread tweets has made its users quite happy.

Sell side analysts plays vital role in buying and selling a stock where 3 analysts rated Twitter, Inc. Contrarius Investment Management Ltd now owns 5,624,420 shares of the social networking company's stock valued at $94,884,000 after buying an additional 71,372 shares during the last quarter.

In a letter to shareholders, Twitter said that future revenue priorities include improving core ad offerings through better performance and measurement, including ad platform improvements, self serve measurement studies and third-party accreditation.

Twitter, Inc. (NYSE:TWTR) now has a "Buy" signals on Composite indicators by TrendSpotter.

Twitter also introduced an option to make it easier to thread tweets and launched Happening Now, a feature meant to highlight content around events like sports games.

Share