Social networking and media platform Twitter today reported its results for the first quarter of the year, and it’s a strong one. The company said that revenues came in at $787 million, up 18 percent on a year ago; with net income of $191 million and earnings per share of $0.25. However, monthly active users continue to paint a challenging picture (no surprise that they are a dying metric for the company). Twitter says MAUs were 330 million in Q1, a drop of 6 million users on a year ago, although up 9 million on last quarter.
Monetizable daily active users — Twitter’s new and preferred metric for user numbers — were 28 million in the quarter, up 8 percent on the 26 million a year ago,