Twitter Q4 Earnings: 288 Million Monthly Active Users, $479 Million Revenue, $0.12 EPS

By Shea Bennett Comment

Twitter

Twitter’s fourth quarter earnings for 2014 are out and the all-important monthly active users (MAU) number is, once again, soft.

Twitter reported 288 million MAUs for Q4 2014, up just 4 million on Q3’s 284 million, which was on the low end of analyst expectations (which ranged between 287 to 292 million MAUs for the period).

However, Twitter beat the street everywhere else.

Revenues were much higher than expected, with Twitter earning $479 million for the quarter (analyst consensus was $453.1 million).

Non-GAAP earnings per share came in at $0.12 (analysts were expecting $0.06 EPS).

Also of note:

  • Average Mobile MAUs now represent 80% of total MAUs
  • Timeline views reached 182 billion for the fourth quarter of 2014, an increase of 23% year-on-year
  • Advertising revenue per thousand timeline views was $2.37 in the fourth quarter of 2014, an increase of 60% year-over-year

“We closed out the year with our business advancing at a great pace. Revenue growth accelerated again for the full year, and we had record quarterly profits on an adjusted EBITDA basis,” said Dick Costolo, CEO of Twitter. “In addition, the trend thus far in Q1 leads us to believe that the absolute number of net users added in Q1 will be similar to what we saw during the first three quarters of 2014.”

At the time of writing, Twitter’s stock is fluctuating wildly in after-hours trade, first falling five percent before rallying back into positive territory.

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