SAN FRANCISCO — Twitter Inc. (TWTR) on Thursday reported fourth-quarter profit of $181.7 million.
On a per-share basis, the company said it had net income of 21 cents. Earnings, adjusted for one-time gains and costs, were 33 cents per share.
The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 33 cents per share.
The short messaging service posted revenue of $1.57 billion in the period, which also matched Street forecasts.
For the current quarter ending in April, Twitter said it expects revenue in the range of $1.17 billion to $1.27 billion. Analysts surveyed by Zacks had expected revenue of $821 million.