Overall revenue also advanced from a year earlier to $758 million, beating analysts’ average expectations of of $702.6 million.

The cleanup efforts it launched in March or so-called “health” initiative will allow the social media company to expand revenue faster than users for a sustained period.

“Health ultimately is a growth factor for the service, and we do believe that’s important not just for the overall experience, but in terms of making Twitter long-term enduring as well,” Twitter Chief Executive Officer Jack Dorsey said during the call.

For more information on the markets, visit our current affairs category.

Subscribe to our free daily newsletters!
Please enter your email address to subscribe to ETF Trends' newsletters featuring latest news and educational events.