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Tune in to Twitter Q2’19 earnings Q&A with
@jack &@nedsegal at 8am ET / 5am PT! Listen via@TwitterIR or https://investor.twitterinc.com/events.cfm$TWTRpic.twitter.com/4kiQPwi2TNShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Twitter Investor Relations Retweeted
Raise your hand if you love dark mode. With the new https://twitter.com , it's easy to personalize your display settings. Choose between default, dim, or lights out in just few clicks.pic.twitter.com/zDQFIkGfqk
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Have questions? Tweet us your Qs:
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Still with us? Let’s do this! Twitter Q2’19 earnings Q&A with
@jack &@nedsegal is starting soon! Listen via https://investor.twitterinc.com/events-and-presentations/default.aspx … or@TwitterIR: https://twitter.com/i/broadcasts/1yoKMEAezgzKQ …$TWTRShow this threadThanks. Twitter will use this to make your timeline better. UndoUndo -
Outlook - For FY’19, we expect: GAAP opex to be up ~20% y/y as we continued to invest for growth + support priorities outlined @ the beg of the yr: health, conversation, rev product + sales, + platform; SBC expense between $350M-$400M; Capex btw $550M-$600M.
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Increasing the stability, performance, + scale of our ads platform (in general) + our mobile application download product (in particular) will take place over multiple qtrs, w/ a gradual impact on rev.
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1st is the comparison we face as we lap our global business recovery in the second half of last year. 2nd are the recent decisions we’ve made to deprecate certain legacy ad formats in order to better serve customers + drive greater focus in rev prod.
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Our guidance range for Q3 reflects lower revenue growth than we delivered in each quarter in the 1st half of 2019. This is driven by a number of factors.
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Outlook - For Q3, we expect: Total revenue to be between $815M and $875M, operating income to be between $45M and $80M.
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4) Platform investments will ensure Twitter is set up for long-term success, both in terms of the data centers that host Twitter, the security of our customers’ data, and the technology our team leverages to support and improve our service.
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We will also grow our sales teams in the US + internationally to better serve large + medium advertisers.
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3) Rev product + sales support the growth of our customers around the world + their investment in our svc. We’ll cont’d to invest in rev product to improve our ads platform + ad formats to help our ad partners launch new products + svcs + connect w/ what’s happening on
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We believe making it easier to participate in conversations, organizing around interests and events, and making it easier for people to find what they are looking for will drive more people to enjoy Twitter every day.
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2) Conversation is Twitter’s superpower. Promoting more conversation on Twitter ensures we are the place where people all around the world go to see and talk about what’s happening.
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As we enter Q3’19, there are no changes to our investment priorities: 1) Health is our top priority, from a mindset and resourcing perspective, as we continue our work to help people find credible information and feel safe participating in the conversation on Twitter.
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The health of the public conversation on Twitter remains our greatest priority, so people feel safe being a part of the conversation + are able to find credible information on our service.
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We will also continue to strengthen our login + sign-up processes to make it more challenging for bad actors to take advantage of accounts for abusive or malicious purposes + focus on those types of abuse most likely to result in severe + immediate harm.
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We will continue working to proactively reduce abuse on Twitter, with the goal of reducing the burden on victims of abuse and, increasingly, taking action before abuse is reported.
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This resulted in an 18% drop in reports of spammy or suspicious content across all Tweet detail pages, which show the replies to any given Tweet on our service.
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We also continued to improve our machine-learning models in Q2, providing a better experience in conversations + proactively reducing the impact of spammy + suspicious behavior.
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This provides additional clarity + gives people opportunity to see the Tweet, understanding why it’s been labeled.
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