Twitter, Inc. (NYSE:TWTR) Q1 2019 Earnings Conference Call - Final Transcript

Apr 23, 2019 • 08:00 am ET


Twitter, Inc. (NYSE:TWTR) Q1 2019 Earnings Conference Call - Final Transcript


Loading Event

Loading Transcript


Good day, ladies and gentlemen, and welcome to the Twitter First Quarter 2019 Earnings 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 Bessinger

Hi, everyone, and thanks for joining our Q1 earnings conference call. We have Jack and Ned with us today. Before they start, I wanted to remind everyone of the format of our call. We published a shareholder letter on our Investor Relations website and with the SEC about an hour ago and hope everyone had a chance to read it. Because the letter has a lot of detail, we'll 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 Q2 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 update -- any duty to update them later unless required by law. Please take a look at our filings with the SEC, especially in the risk factors section of our 10-K for fiscal year 2018 and our 10-Qs, 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. Thanks for joining us for our 2019 Q1 call. We had a really good start to the year. I want to take a few minutes and just share some highlights from the quarter that we found meaningful. First and foremost, our number one priority as a company continues to be health. What we've been focusing on this quarter is around proactive detection of abuse and harassment on our service, any content that violates our terms of service. We've been applying a lot more machine learning and deep learning to everything on our system, but have been focusing a lot of our work on making sure that we recognize that everything that happens online has offline ramifications and protect someone's physical safety above all else. That's why we introduced a new and easier