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1、February8,2018TwitterAnnouncesFourthQuarterandFiscalYear2017ResultsReportsRecordQuarterlyRevenue,FirstQuarterofGAAPProfitability,andFifthConsecutiveQuarterofDouble-DigitDAUYear-Over-YearGrowthinQ4SANFRANCISCO,California-Twitter,Inc.(NYSE:TWTR)todayannouncedfinancialresultsforitsfourthquarter
2、andfiscalyear2017.“Q4wasastrongfinishtotheyear,”saidJackDorsey,TwitterCEO.“Wereturnedtorevenuegrowth,achievedourgoalofGAAPprofitability,increasedourshippingcadence,andreachedfiveconsecutivequartersofdoubledigitDAUgrowth.I’mproudofthesteadyprogresswemadein2017,andconfidentinourpathahead.”Four
3、thQuarter2017OperationalandFinancialHighlightsThecompanyreportedfourthquarterrevenueof$732million,anincreaseof2%year-over-year.QuarterlyGAAPnetincomewas$91million,representingaGAAPnetmarginof12%andGAAPdilutedEPSof$0.12.ThiscompareswithaquarterlyGAAPnetlossof$167million,aGAAPnetmarginof(23%)a
4、ndGAAPdilutedEPSof($0.23)forthesameperiodlastyear.Quarterlynon-GAAPnetincomewas$141million,or$0.19perdilutedshare.Thiscompareswithaquarterlynon-GAAPnetincomeof$78million,or$0.11perdilutedshareforthesameperiodlastyear.AdjustedEBITDAwas$308millionor42%oftotalrevenue,comparedto$215millionor30%o
5、ftotalrevenueforthesameperiodlastyear.AverageMAUwas330millionforthequarter,flatquarter-over-quarterandup4%year-over-year.AverageDAUgrew12%year-over-year,markingthefifthconsecutivequarterofdouble-digitgrowth.FiscalYear2017FinancialHighlightsTotalannualrevenuewas$2.4billion,adecreaseof3%year-o
6、ver-year.GAAPnetlossnarrowedto$108millionandanetmarginof(4%)in2017,comparedto$457millionandanetmarginof(18%)in2016.AdjustedEBITDAforthefullyearwas$863millionwitha35%margincomparedto$751millionand30%marginforthepreviousyear.Annualstock-basedcompensationexpensedecreased29%year-over-yearto$434m
7、illion,or18%oftotalrevenue,downfrom$615million,or24%oftotalrevenuein2016.GAAPnetcashprovidedbyoperatingactivitiesintheperiodwas$831million,anincreasefrom$763millioninthepreviousyear.Annualcapitalexpenditureswereapproximately$281million,adecreaseof1