Netease technology news, February 6 news, twitter tonight released the fourth quarter of 2019 and the full year's results. The report shows that in the fourth quarter of 2019, the revenue was US $1.01 billion, up 11% year on year; the net profit was US $119 million, up from US $255 million in the same period of last year. In 2019, the annual revenue was US $3.46 billion, up 14% year on year; the net profit was US $1.47 billion, up from US $1.21 billion last year.
Key performance in 2019
The annual revenue was US $3.46 billion, up 14% year on year. In constant currency terms, revenue grew 15% year-on-year.
The total cost and expenditure for the whole year was US $3.09 billion, up 19% year on year. The annual operating profit is 366 million US dollars, with an operating profit margin of 11%.
The net profit for the year was $1.47 billion, with a net profit margin of 42% and diluted EPS of $1.87. In 2018, the net profit was US $1.21 billion, the net profit margin was 40%, and the diluted EPS was US $1.56.
Key performance for the fourth quarter of 2019
Revenue in the fourth quarter totaled US $1.01 billion, up 11% year on year.
In the fourth quarter, fees and expenditures totaled $854 million, up 22% year on year. Operating profit was $153 million, with an operating profit margin of 15%.
Net profit in the fourth quarter was $119 million, with a net profit margin of 12% and diluted EPS of $0.15. In the same period of last year, the net profit was $255 million, the net profit margin was 28%, and the diluted EPS was $0.33.
The average daily monetizable active user (mDAU) in the fourth quarter was 152 million, compared with 126 million a year earlier and 145 million in the previous quarter.
Twitter expects total revenue to be between $825 million and $885 million in the first quarter of 2020; operating profit to be between $0 and $30 million.
Twitter estimates stock incentive spending at $425 million to $475 million; capital spending at $775 million to $825 million.
Fourth quarter revenue of $1.01 billion was better than analysts' forecast of $994.5 million, driven by advertising in the US market. The number of active users in the fourth quarter was 152 million, better than analysts' expectation of 148.1 million. But in the first quarter of 2020, revenue is expected to reach $825 million to $885 million, which falls short of Wall Street's median forecast of $868.9 million.
Twitter shares rose 4 percent to $34.72 as of 7:08 a.m. local time Thursday. (Tianmen Mountain)