Twitter reported a loss for its third quarter.
The social media company’s non-GAAP loss for the three months ending in September came in at -54 cents per share, compared to a profit of 19 cents per share in the year-ago quarter. The figure is missed the Street expectations of a profit of 17 cents a share.
Total revenues rose +37% year-over-year to $1.28 billion.
Group advertising revenues surged 41% to $1.14 billion.
Monetizable daily active users' (mDAU) rose 13% from the year-ago quarter to 211 million, with the U.S. users rising 4% to 37 million and international rising 15% to 174 million.