Quarterly Results and Outlook - Report on Twitter

Aug 11, 2015, 09:35 ET from www.aciassociation.com

NEW YORK, August 11, 2015 /PRNewswire/ --

ACI Association has initiated research coverage on Twitter, Inc. (NYSE: TWTR). Select highlights from the internally released reports are being made available to the general public (included below), with access to the entirety of the research available to new members.

Today, membership is open to readers on a complementary basis at the following URL: http://www.aciassociation.com/?c=TWTR

Highlights from our TWTR Report include:

  • Strong Revenue Growth - On July 28, 2015, Twitter, Inc. released results for the second quarter of 2015. The Company generated total revenue of $502.4 million, reflecting a significant increase of 61% from $312.2 million in Q2 2014. The revenue recorded was above the Company's forecast range of $470 million to $485 million. The Company informed that excluding the impact of year-over-year changes in foreign exchange rates, Twitter's revenue would have advanced by 68%. The Company's advertising segment revenue amounted to $452 million, higher than $277 million in previous year quarter. Data licensing and other revenue totaled $50 million, up by 44% YoY during the quarter. Further, revenue from U.S. stood at $321 million, an increase of 53% YoY and international revenue rose by 78% YoY to $181 million in Q2 2015.
  • Performance at Operational Front - In Q2 2015, the Company registered a net loss of $136.7 million, compared to a net loss of $144.6 million in prior year quarter. Consequently, the Company's diluted earnings per share decreased to $0.21, from $0.24 in same period last year. Adjusted EBITDA amounted to $120.2 million, higher than $54.1 million in previous year quarter. In addition, non-GAAP net income for the period stood at $48.5 million, higher from $14.6 million in Q2 2014.
  • Year-to-Date Financial Highlights - In first six months of 2015, the Company generated revenue of $938.3 million, an increase from $562.7 million in first six months of 2014. Net loss for the period was $299.1 million, compared to a net loss of $277.0 million in previous year period. As a result, diluted loss per share was $0.46, compared to diluted net loss per share of $0.47 in same period last year. In addition, adjusted EBITDA of the Company grew from $91.1 million in prior year period to $224.2 million in first six months of 2015. Further, non-GAAP net income for the period stood at $95.0 million, higher than $14.8 million in previous year period.
  • Outlook for 2015 - Twitter expects revenue of around $2.2 billion to $2.3 billion for full year 2015. Adjusted EBITDA is anticipated to be approximately $520 million to $540 million. The Company forecasts its capital expenditure to be in a range of $450 million to $550 million. In addition, Stock-based compensation expense is projected to be around $750 million to $790 million in 2015, excluding the impact of equity awards that may be granted in connection with potential future acquisitions.

To find out how this influences our rating on Twitter, Inc., read the full report in its entirety here: http://www.aciassociation.com/?c=TWTR


About ACI Association: 

Active Charter Investors Association ("ACI Association") produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. ACI Association has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

ACI Association has not been compensated; directly or indirectly; for producing or publishing this document.


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer"). Rohit Tuli, a CFA® charter holder (the "CFA®"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on sound investment judgment and publicly available information which is believed to be reliable. The Reviewer and the CFA® have not performed any independent investigations or forensic audits to validate the information herein. Unless otherwise noted, any content outside of this document has no association with the Author, the Reviewer, or the CFA® (collectively referred to as the "Production Team") in any way. The Production Team is compensated on a fixed monthly basis and do not hold any positions of interest in any of the securities mentioned herein.


ACI Association, the Author, the Reviewer and the CFA® (collectively referred to as the "Publishers") are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by the Publishers whatsoever for any direct, indirect or consequential loss arising from the use of this document. The Publishers expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, the Publishers do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither ACI Association nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.aciassociation.com/.


ACI Association is not available to residents of Belarus, Cuba, Canada, Iran, North Korea, Sudan, Syria or Somalia. Do not send email to robottrap (at) aciassociation.com.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE www.aciassociation.com