Twitter Reaches 166M Daily Users, Details Pandemic Ad Impact

Twitter reported its first-quarter earnings and revenues

Social media giant Twitter on Thursday reported first-quarter earnings and revenues, underpinned by taking its number of monetizable daily active users to 166 million, against a year-earlier 134 million and 152 million mDAU for the fourth quarter of 2019.

The daily active user growth -- the main metric for the company in measuring audiences -- came during the coronavirus pandemic when Twitter users have been sheltering in their homes and engaging more with social media. Shares in Twitter rose by $1.90, or 6 percent, to $32.99 in pre-market trading after Twitter beat Wall Street forecasts on both the top and bottom line.

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