Twitter, Inc. (NYSE:TWTR) Q4 2017 Earnings Conference Call - Final Transcript

Feb 08, 2018 • 08:00 am ET

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Twitter, Inc. (NYSE:TWTR) Q4 2017 Earnings Conference Call - Final Transcript

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Presentation
Executive
Jack Dorsey

sales execution.

Second, we delivered on our goal of GAAP profitability in Q4 and achieved record GAAP net margins and target adjusted EBITDA margins, reflecting our continued prioritization and disciplined execution across all of our priorities.

And third, our audience and engagement continue to grow. We increased our shipping cadence and launched new features to help people discover and talk about what's happening on Twitter, including making it easier to thread multiple tweets together and expanding our character limit from 140 to 280 characters, so people can say a little bit more. As a result, we saw our fifth consecutive quarter of double-digit DAU growth.

We're investing to make 2018 a year of growth and expect our expenses to more closely align with revenue after a year of significant margin improvement. We're proud of the steady progress we made in 2017, and we're confident in our path ahead. We've got significant opportunity ahead of us to put Twitter in as many people's hands as possible and to make the service more relevant to more people every single day.

And now back to Krista for questions.

Executive
Krista Bessinger

Thank you. And, operator, would you like to poll for questions?