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In the latest report from the Microblogging site called Twitter, it has earned big in the last quarter of 2019 in terms of users. This has helped the social media platform to soar its stock price as well. As per reports, the stock has soared by 17 percent this morning. The company this Thursday seemed to have reported with a huge earning that has beaten the previous quarter. The key figures are enlisted below: 

As per the Refinitiv consensus estimate, the earnings per share seemed to have gone up by 25 cents per share when compared with the 29 cents as expected. 

In terms of revenue, the Microblogging site has earned 1.01 billion USD when we compare 996.7 million USD claimed the same Refinitv report 

The Monetizable Daily Active Users have claimed with the whopping 152 million vs. 147.5 million as expected claims the FactSet and StreetAccount. 

Twitter then said it had experienced the fastest quarterly growth that recorded to around 21 percent of the mDAUs which boosted up the metric reaching to the highest over the fourth quarter. 

This is the third time Twitter has seen reported the mDAUs when compared to the industry norms that come to the monthly active users as it was seen reported earlier. On the other side, Twitter claimed that mDAUs cannot be just comparable to similar sort of metrics from any other company or group that it said can be more expensive. It said that the new figure has come out with the number of users that access the websites either using a web browser or through the app with the help of their phones. These people catching up the ads had given the said revenue.

Twitter was seen offering the first quarter revenue guidance over the lighter end of expectations found in between 825 million USD and 885 million USD when we compare to the Thomson Reuters consensus that went on to estimate the cost of $873 million. The company was seen planning to create a newly developed data center along with boosting up the headcount by 20 percent during 2019. Talking about the same, Ned Segal the CEO of Twitter claimed that the growth in the expenses is only due to the good growth of mDAU that was seen in the recent quarters.