With a monthly active user base of 330 million, Twitter registered $732 million in revenue for the fourth quarter of 2017 with a net income of $91 million.
Twitter had registered a loss of $167.1 million, or 23 cents a share, for the same period last year.
The micro-blogging platform reported $2.4 billion in revenue for 2017 -- a decrease of three per cent Year-on-Year (YoY).
"Q4 was a strong finish to the year. We returned to revenue growth, achieved our goal of GAAP (generally accepted accounting principles)profitability, increased our shipping cadence and reached five consecutive quarters of double-digit DAU growth," CEO Jack Dorsey said in a statement late on Thursday.
Average monthly active users' (MAUs) base was 330 million for the quarter - a flat quarter-over-quarter growth and up four per cent YoY.
Average daily active users (DAUs) grew 12 per cent YoY, marking the fifth consecutive quarter of double-digit growth.
The company generated $550 million in annual adjusted free cash flow compared to $444 million in 2016, and ended the year with $4.4 billion in cash, cash equivalents and marketable securities.
Total revenue in the fourth quarter increased two per cent YoY, and owned-and-operated advertising revenue increased seven per cent YoY.
During an investors' call, Dorsey said the 280-character tweets have led people to engage more on the platform.
"People do have the room - we're seeing less abandonment of tweets. But we're also seeing a lot more engagement. We're also seeing more retweets, and we're seeing a lot more mentions," Dorsey said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)