Twitter’s revenue rose to $1.2 billion in the first quarter of this year, while the number of daily active users reached 229 million.

Twitter announced its balance sheet for the January-March period of this year. Accordingly, the company’s revenue in the first quarter of this year increased by 16 percent compared to the same period of the previous year, reaching 1.2 billion dollars. The company had a revenue of $ 1.03 billion in the January-March period of 2021.

In the first three months of this year, Twitter’s advertising revenue increased by 23 percent compared to the same period of 2021, reaching $1.1 billion. The company announced $898.8 million in advertising revenue in the first quarter of last year.

In the first quarter of this year, Twitter’s average daily active users increased by 15.9 percent compared to the same period of the previous year and reached 229 million.