Edition:
United States

Twitter Inc (TWTR.N)

TWTR.N on New York Stock Exchange

32.40USD
2:20pm EST
Change (% chg)

$-0.87 (-2.60%)
Prev Close
$33.27
Open
$32.97
Day's High
$33.35
Day's Low
$32.21
Volume
1,538,035
Avg. Vol
4,580,721
52-wk High
$47.79
52-wk Low
$22.04

Latest Key Developments (Source: Significant Developments)

Twitter Says Became Aware Of And Fixed An Issue Where "Protect Your Tweets" Setting Was Disabled For Android
Thursday, 17 Jan 2019 01:21pm EST 

Jan 17 (Reuters) - Twitter Inc ::TWITTER INC SAYS BECOME AWARE OF AND FIXED AN ISSUE WHERE THE "PROTECT YOUR TWEETS" SETTING WAS DISABLED ON TWITTER FOR ANDROID- TWEET.TWITTER SAYS THOSE AFFECTED BY RECENT ISSUE HAVE BEEN ALERTED AND THE SETTING HAS BEEN TURNED BACK ON FOR THEM- TWEET.TWITTER SAYS ON JAN 14 FIXED RECENT ISSUE IN TWITTER FOR ANDROID THAT DISABLED THE "PROTECT YOUR TWEETS" SETTING IF CERTAIN ACCOUNT CHANGES WERE MADE.TWITTER INC SAYS PEOPLE ON IOS OR THE WEB WERE NOT IMPACTED.  Full Article

Twitter Says Aware Of Issue With One Of Its Support Forms
Monday, 17 Dec 2018 01:25pm EST 

Dec 17 (Reuters) - Twitter Inc ::TWITTER SAYS AWARE OF ISSUE WITH ONE OF ITS SUPPORT FORMS WHICH MAY HAVE BEEN USED TO DISCOVER COUNTRY CODE OF CERTAIN PEOPLE'S PHONE NUMBERS.TWITTER SAYS ISSUE DID NOT EXPOSE FULL PHONE NUMBERS OR ANY OTHER PERSONAL DATA.TWITTER SAYS BEGAN WORKING TO RESOLVE THE ISSUE ON NOVEMBER 15 AND IT WAS FIXED BY NOVEMBER 16.TWITTER SAYS THIS ISSUE DID NOT EXPOSE FULL PHONE NUMBERS OR ANY OTHER PERSONAL DATA.TWITTER SAYS OBSERVED A LARGE NUMBER OF INQUIRIES COMING FROM INDIVIDUAL IP ADDRESSES LOCATED IN CHINA AND SAUDI ARABIA.TWITTER SAYS DURING INVESTIGATION, NOTICED SOME UNUSUAL ACTIVITY INVOLVING THE AFFECTED CUSTOMER SUPPORT FORM API.TWITTER SAYS HAS DIRECTLY INFORMED THE PEOPLE CO IDENTIFIED AS BEING AFFECTED.TWITTER SAYS ISSUE WITH SUPPORT FORM MAY HAVE ALSO BEEN USED TO DISCOVER WHETHER AN ACCOUNT HAD BEEN LOCKED BY TWITTER.TWITTER SAYS UPDATED LAW ENFORCEMENT ON FINDINGS RELATED TO ISSUE ON ONE OF ITS SUPPORT FORM.TWITTER, ON RECENT INCIDENT, SAYS IT IS POSSIBLE THAT SOME OF THESE IP ADDRESSES MAY HAVE TIES TO STATE-SPONSORED ACTORS.  Full Article

Twitter Reports Q3 GAAP Earnings Of $1.02/Share
Thursday, 25 Oct 2018 07:00am EDT 

Oct 25 (Reuters) - Twitter Inc ::QUARTERLY GAAP EARNINGS PER SHARE $1.02.QUARTERLY NON-GAAP EARNINGS PER SHARE $0.21.QUARTERLY REVENUE $758.11 MILLION, UP 29 PERCENT.Q3 EARNINGS PER SHARE VIEW $0.14, REVENUE VIEW $702.6 MILLION -- THOMSON REUTERS I/B/E/S.QUARTERLY TOTAL ADVERTISING REVENUE $650 MILLION, UP 29 PERCENT.SAYS EXCLUDING RELEASE OF DEFERRED TAX ASSET VALUATION ALLOWANCES, CO GENERATED Q3 EARNINGS PER SHARE OF $0.14.QUARTERLY TOTAL AVERAGE MONTHLY ACTIVE USERS 326 MILLION, DOWN 4 MILLION; QTRLY COST PER ENGAGEMENT DOWN 14 PERCENT.SAW BROAD-BASED REVENUE GROWTH IN QUARTER ACROSS ALL REGIONS; JAPAN REMAINS SECOND LARGEST MARKET.SEES OPERATING EXPENSE BASE TO INCREASE ON ABSOLUTE BASIS IN Q4.EXPECT TO ACHIEVE HIGH END OF HEADCOUNT GROWTH TARGET BY YEAR-END.SEEN 20 PERCENT Q-O-Q DECREASE IN SUCCESSFUL SIGN-UPS IN QUARTER SINCE INTRODUCTION OF NEW TECHNIQUES FOR DETECTING POTENTIAL SPAMMY/MALICIOUS ACCOUNTS.QUARTERLY TOTAL AD ENGAGEMENTS UP 50 PERCENT, RESULTING FROM INCREASED DEMAND, CONTINUING MIX SHIFT TOWARD VIDEO ADS.SEES SEQUENTIAL DECLINE IN Q4 MAU DUE TO HEALTH WORK, DECISIONS NOT TO RENEW/MOVE TO PAID SMS CARRIER RELATIONSHIPS IN SOME MARKETS.SEES SEQUENTIAL DECLINE IN Q4 MAU ALSO DUE TO DECISION TO ALLOCATE RESOURCES TOWARDS GDPR AND HEALTH.EXPECT DECLINE IN Q4 MAU TO BE MID-SINGLE-DIGIT MILLIONS OF MAU.CONTINUE TO EXPECT FY ADJUSTED EBITDA MARGIN EXPANSION IN 2018.SEES Q4 ADJUSTED EBITDA $320 MILLION-$340 MILLION.SEES Q4 ADJUSTED EBITDA MARGIN 39 PERCENT-40 PERCENT.  Full Article

Twitter's Investigations Confirmed Only One Set Of Technical Circumstances Where Bug Sent Direct Messages To Developers Could Have Occurred
Friday, 21 Sep 2018 03:14pm EDT 

Sept 21 (Reuters) - Twitter Inc ::TWITTER -ITS INVESTIGATIONS CONFIRMED ONLY ONE SET OF TECHNICAL CIRCUMSTANCES WHERE BUG SENT DIRECT MESSAGES TO DEVELOPERS COULD HAVE OCCURRED.TWITTER -OUR TEAM HAS BEEN WORKING DILIGENTLY WITH OUR MOST ACTIVE ENTERPRISE DATA CUSTOMERS ,PARTNERS WHO HAVE ACCESS TO THIS API TO EVALUATE IF THEY WERE IMPACTED.TWITTER SAYS BASED ON INFORMATION MADE AVAILABLE, CAN CONFIRM THAT THE BUG DID NOT AFFECT ANY OF THE PARTNERS.  Full Article

Twitter Bug Sent User Direct Messages To Developers For Over A Year - Tech Crunch
Friday, 21 Sep 2018 02:57pm EDT 

Sept 21 (Reuters) - :TWITTER BUG SENT USER DIRECT MESSAGES TO DEVELOPERS FOR OVER A YEAR - TECH CRUNCH.  Full Article

Tiger Global Management LLC Ups Share Stake In Twitter, Sunrun
Tuesday, 14 Aug 2018 03:14pm EDT 

Aug 14 (Reuters) - TIGER GLOBAL MANAGEMENT LLC ::TIGER GLOBAL MANAGEMENT LLC UPS SHARE STAKE IN TWITTER INC BY 23.8 PERCENT TO 11.7 MILLION SHARES.TIGER GLOBAL MANAGEMENT LLC REPORTS SHARE STAKE IN PIVOTAL SOFTWARE INC OF 1.3 MILLION CLASS A SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC UPS SHARE STAKE IN SUNRUN INC TO 13.9 MILLION SHARES FROM 5.7 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC CUTS SHARE STAKE IN TRANSDIGM GROUP INC BY 12.0 PERCENT TO 2.4 MILLION SHARES - SEC FILING.TIGER GLOBAL MANAGEMENT LLC - CHANGE IN HOLDINGS ARE AS OF JUNE 30, 2018 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF MARCH 31, 2018.  Full Article

Twitter, On August 7, Entered Into Revolving Credit Agreement
Friday, 10 Aug 2018 05:30pm EDT 

Aug 10 (Reuters) - Twitter Inc ::TWITTER INC - ON AUGUST 7, ENTERED INTO A REVOLVING CREDIT AGREEMENT - SEC FILING.TWITTER INC - CREDIT AGREEMENT PROVIDES FOR UNSECURED REVOLVING LOAN FACILITY OF $500 MILLION.TWITTER INC - CO MAY BORROW, REPAY & REBORROW FUNDS UNDER REVOLVING FACILITY UNTIL ITS MATURITY ON AUG 7, 2023.  Full Article

Twitter CFO - Ad Revenue Higher In First Half Than Second Half Of World Cup
Friday, 27 Jul 2018 09:06am EDT 

July 27 (Reuters) - Twitter Inc ::AD REVENUE HIGHER IN THE FIRST HALF THAN SECOND HALF OF THE WORLD CUP - CFO, CONF CALL.TWITTER SAYS NO IMPACT ON REVENUE FROM ‘HEALTH INITIATIVE’ TO IMPROVE PLATFORM - CONF CALL .  Full Article

Twitter Reports Quarterly GAAP Earnings Of $0.13/Share
Friday, 27 Jul 2018 06:58am EDT 

July 27 (Reuters) - Twitter Inc ::QUARTERLY GAAP EARNINGS PER SHARE $0.13.QUARTERLY NON-GAAP EARNINGS PER SHARE $0.17.QUARTERLY TOTAL REVENUE $711 MILLION, UP 24 PERCENT.QUARTERLY TOTAL ADVERTISING REVENUE $601 MILLION, UP 23 PERCENT.SAYS ABOUT $42 MILLION OF NET INCOME IN Q2 WAS FROM NET TAX BENEFIT PRIMARILY DRIVEN BY RELEASE OF DEFERRED TAX ASSET VALUATION ALLOWANCE FOR BRAZIL.SAYS CHANGES IN FOREIGN EXCHANGE RATES HAD FAVORABLE IMPACT OF $7 MILLION ON Q2 REVENUE.SAYS Q2 AVERAGE MAUS WERE 335 MILLION, UP 9 MILLION; Q2 DAU GREW 11 PERCENT.SAYS Q2 AVERAGE MAUS DOWN 1 MILLION Q-O-Q, REFLECTING IMPACT FROM DECISIONS MADE TO PRIORITIZE HEALTH OF PLATFORM, AMONG OTHERS.SAYS Q2 AVERAGE MAUS DOWN Q-O-Q, ALSO REFLECTING DECISIONS TO NOT MOVE TO PAID SMS CARRIER RELATIONSHIPS IN SOME MARKETS, AND GDPR.SAYS SAW REVENUE GROWTH ACROSS ALL REGIONS IN Q2, WITH PARTICULAR STRENGTH IN ASIA-PACIFIC.SAYS VIDEO ADS CONTINUE TO ACCOUNT FOR MORE THAN HALF OF AD REVENUE, REMAINED FASTEST-GROWING AD FORMAT IN Q2.SAYS JAPAN REMAINS SECOND LARGEST MARKET, GROWING 65 PERCENT IN Q2, CONTRIBUTING $122 MILLION IN REVENUE.SEES Q3 ADJUSTED EBITDA $215 MILLION-$235 MILLION; SEES Q3 ADJUSTED EBITDA MARGIN 33 PERCENT-34 PERCENT.SAYS EXPECT OPERATING EXPENSE BASE TO CONTINUE TO GROW IN Q3 AND AGAIN IN Q4.SAYS Q3 MAU COULD DECLINE Q-O-Q DUE TO HEALTH WORK, DECISIONS NOT TO RENEW/MOVE TO PAID SMS CARRIER RELATIONSHIPS IN SOME MARKETS, AMONG OTHERS.  Full Article

India Govt Issues Circular For Employees On Posting Information On Social Media
Monday, 25 Jun 2018 05:00am EDT 

June 25 (Reuters) - Ministry of Communications, Govt of India::INDIA GOVERNMENT ISSUES CIRCULAR FOR EMPLOYEES ON POSTING INFORMATION ON SOCIAL MEDIA.INDIA GOVERNMENT SAYS EMPLOYEES MUST CLEARLY IDENTIFY THEMSELVES WHILE POSTING INFO IN PERSONAL CAPACITY.INDIA GOVERNMENT SAYS EMPLOYEES MUST NOT DIVULGE ANY CONFIDENTIAL INFO VIA SOCIAL MEDIA POSTS.INDIA GOVERNMENT SAYS EMPLOYEES SHOULD ENSURE THEIR VIEWS POSTED ON SOCIAL MEDIA SHOULD NOT BE SEEN TO REPRESENT "OFFICIAL VIEW" UNLESS AUTHORISED TO DO SO.  Full Article

Photo

Twitter Inc: Falls on short-seller Citron Research's report

- Shares of social media company Twitter down 11.3 percent at $29.22; set for its biggest one-day percent fall in nearly five months