Twitter, Inc. (NYSE:TWTR) Q4 2018 Earnings Conference Call - Final Transcript

Feb 07, 2019 • 08:00 am ET


Twitter, Inc. (NYSE:TWTR) Q4 2018 Earnings Conference Call - Final Transcript


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Good day, ladies and gentlemen, and welcome to the Twitter Q4 and Fiscal Year 2018 Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time.

I would now like to turn the call over to your host, Krista Bessinger, Vice President, Investor Relations. Please go ahead.

Krista B. Bessinger

Thank you. Good morning, everyone, and thanks for joining our Q4 earnings conference call. We have Jack and Ned with us today. Before they start, I wanted to remind everyone of the format for our call. We published a shareholder letter on our Investor Relations website about an hour ago, and we hope everyone had a chance to read it. Because the letter has a lot of detail, we're going to keep our opening remarks brief and then dive right into your questions. We'll also take questions asked on Twitter, so please tweet us at @TwitterIR using the #TWTR.

Also during this call, we will make forward-looking statements. Those are things like our outlook for Q1 and the full year of 2019 and our operational plans and strategies. Our actual results could differ materially from those contemplated by our forward-looking statements, and you should not consider our reported results as an indication of future performance.

We're making these forward-looking statements based on information available to us as of today, and we disclaim any duty to update them later unless required by law. Please take a look at our filings with the SEC for a discussion of the factors that could cause our results to differ.

Also during this call, we will discuss certain non-GAAP financial measures. We've reconciled those to the most directly comparable GAAP financial measures in our shareholder letter. These non-GAAP measures are not intended to be a substitute for our GAAP results.

And finally, this call in its entirety is being webcast from our Investor Relations website and an audio replay will be available on Twitter and on our website in a few hours.

And with that, I'd like to turn it over to Jack.

Jack Dorsey

Good morning, everyone. Thank you for joining our call. As we did last time, we're going to start with a few comments and a few thoughts in terms of what's important for us as we look forward and how we're thinking about building on Twitter.

First, we're really proud. This is our best financial performance ever for the full year and the quarter. We are guided by our purpose -- our purpose of serving the public conversation. The reason we think this is so important is because we believe it's the best way to see what the world is thinking about what's happening. And we think that's critical, because it helps the whole world solve problems together.

There are four key areas that we believe we have to focus on going forward. And that is promoting healthy conversation, making Twitter a lot more conversational, making Twitter a great place for our