While the net income figure was below analyst forecasts for $231 million, other figures cheered investors, sending shares up nearly 18% to $39.30 in early afternoon trading Thursday.
The sales figure was on the upper end of market expectations, according to data provider FactSet. And the number of active daily users was above the forecast for 147 million.
Last year, Twitter started disclosing its daily user base, or the number of users who log in at least once a day and see ads on the platform. The daily metric has replaced its monthly user count, which Twitter said it will no longer disclose. Other companies, such as Facebook, give both daily and monthly counts.
Twitter executives said the company is making it a priority to clean up its platform.
“We’ll increase healthy public conversation,” CEO Jack Dorsey said on a call with analysts. “Misleading information is probably the biggest challenge facing us and our industry. This will be a key focus for us.”
Tech companies have been stepping up their efforts to remove misinformation, abuse, hate speech and spam.