Twitter's Q4 2016 Financials Include 319M Monthly Active Users

Twitter has just announced their earnings for the fourth quarter of 2016 - with the conference call to start shortly - and the numbers aren't as great as Wall Street had expected. The company did manage to up their number of monthly active users, going from 317 million to 319 million, which means that they are continuing to have trouble getting more users to use the service more regularly. This is a problem that has plagued the platform for a few years now. When it comes to revenue, the company posted $717 million for the quarter, analysts expected to see around $740.14 million. Adjusted EPS (Earnings Per Share) was $0.16, and daily active users are up 11% year-over-year. Guidance for the first quarter includes Adjusted EBITDA of $75 million to $95 million, with the adjusted EBITDA margin of 17% to 17.5%.

For the entire fiscal year of 2016, Twitter raked in $2.5 billion in revenue, that's a 14% increase year-over-year. Adjusted EBITDA reached $751 million, that's an increase of nearly $200 million compared to the year before. Adjusted free cash flow for the year was $444 million, that is a huge jump from the less than $5 million in 2015. Twitter will be holding their conference call at 5AM PT today to discuss these results with the media, shareholders and investors. The company did miss Wall Streets expectations, but did exceed it in other areas, so it is a bit of a mixed bag for Twitter this time around.

Twitter's CEO, Jack Dorsey calls 2016 a "transformative year" for the platform. Stating that his company had reset and focused on why people are using the platform. Noting that Twitter is the "fastest way to see what's happening and what everyone's talking about." Twitter has been in the news a lot in 2016 for being bought by another company. Whether that was Verizon, Alphabet, Microsoft, Salesforce or another big company. That is likely to continue in 2017, especially seeing as Twitter has a ton of data in their platform, which is going to make just about any company interested in picking them up. So far no deal has been made, and of course, Dorsey, nor any other executive at Twitter, will comment on that. If you want to check out the full report for their Q4 results, hit up the source link below.

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Alexander Maxham

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Alex has written for Androidheadlines since 2012 as Editor of the site and traveled the World to many of the biggest Smartphone and Technology events. Alex has a background in Technology and IT and Deep Passion for Everything Android and Google. His specialties lay in Smartphones of all budgets, Accessories, Home Automation and more. Contact him at [email protected]