Twitter's EBITDA (Earnings before interest, taxes, depreciation, and amortization) was $265 million, up from $178 million a year ago, but critically, their monthly active users for the quarter were 335 million, down from 336 million in the first quarter.
"We want people to feel safe freely expressing themselves and have launched new tools to address problem behaviors that distort and distract from the public conversation", CEO Jack Dorsey said in a prepared statement.
Shares in Twitter slumped 16 percent in pre-opening trades in a market jittery following a weak outlook from social network leader Facebook.
A Washington Post report put the total number of suspended accounts in May and June at 70 million.
Tech firms have been under pressure in several countries to be stricter over abusive content and misinformation or "fake news" as well as political influence and protection of personal data.
Revenue of $711 million, mostly from advertising and up 24 percent from past year, exceeded the average estimate of $696 million among analyst research aggregated by Thomson Reuters. Non-GAAP earnings were 17 cents per share on revenue of $711 million, up 27 percent year over year.
Although user numbers alarmed investors, Twitter's business remains strong.
Twitter raised its 2018 capital spending forecast and said adjusted EBITDA margins in the third quarter would be below the second quarter's.
Twitter's losses followed "Facebook Thursday" - a catastrophic day in the history of Facebook.
The company's stock plunged today after it reported a decline in its monthly users and warned that the number could fall further in the coming months.
Twitter said it expects monthly active users to decline in Q3, as well. They were all attacked by foreign fraudsters during the 2016 US election looking to disrupt the online discourse and spread fake news. US advertising grew 9%, to $293 million.
As part of these efforts, Twitter said that as of May, its systems had identified and challenged more than nine million accounts per week that were potentially spam or automated, up from 6.4 million in December 2017. Both companies are hitting a ceiling for user growth. Analysts had expected 340 million monthly active users in the third quarter, according to Thomson Reuters I/B/E/S. "But arguably Twitter looks in better shape as the efforts to monetise the platform are working, whilst we see fundamental concerns about Facebook's advertising model".
Average U.S. MAUs were 68 million for Q2, flat with the year-earlier period and down from 69 million in Q1.
Cracking down on hate, abuse and online trolls is also hurting Twitter's standing with investors.
Twitter also saw usage fall after saying it would not subsidize messaging fees for users who accessed its app through text messages. The company again flagged its push to increase headcount this year.
They're angry that the Justice Department hasn't agreed to appoint a second special counsel to investigate the first, in Mueller. The last time the House actually voted to impeach an executive branch official other than a president was 1876 .
The news came about a month after Lovato released a song called " Sober ", in which she alludeD to relapsing from sobriety. Since news about Lovato's overdose broke, fans and fellow celebrities have tweeted their support for the struggling singer.
She answers: "I was, I am downstairs, other people are upstairs with her". "I make sure I stay on my medications". TMZ claims that the EMTs administered it , while Us Weekly states that a friend provided the Narcan to Lovato.
CNN , in a statement , objected to the move, calling it "retaliatory in nature" and "not indicative of an open and free press". Gidley told reporters aboard Air Force One as President Donald Trump headed back to Washington from Iowa and IL .
The third major party in the race, the Pakistan Peoples Party ( PPP ), also raised alarms over the counting process on Thursday. Voting began at 8 am (local time), during which most of Pakistan's almost 106 million people came out to cast their votes.
We were being nice - until now! A "trade promotion program" will work to find new markets for USA agricultural products. Politicians Tuesday announced that $12 billion would go back to American farmers as form of tariff relief.
Black Ferns Sevens captain Sarah Goss echoed Mikkelson's sentiment, with fond memories of victories in Moscow and Gold Coast. Blyde opened the scoring in the final for New Zealand , who weathered some ferocious French tackling before cutting loose.
However, BBC reports that when contacted by a local radio station, the zoo's director insisted that the animal was not a fake . Mahmoud Sarhan posted photos of the animal to Facebook after a recent trip to Cairo's International Garden municipal park.
Demi Lovato has been taken to hospital after TMZ reported that the singer was suffering from what seemed to be a heroin overdose. Lovato previously completed a stint in rehab at age 18 for drugs, self-harm and an eating disorder before recovering in 2012.
Guardiola rules out Manchester City move for Pjanic
Nemanja Matic is struggling for match fitness, too, after joining the squad late because of his own post-World Cup break. But Smalling is confident of improving on last season's second place to champions Manchester City .
12 audio files sent to prosecutors in Michael Cohen probe
Trump or his attorneys come forward today, right now and claim there are no other tapes?" The tabloid never published the story. The tape details payments made to porn stars that President Tump had affairs with months before the 2016 presidential election.
Uber, Lyft suspend driver who recorded St. Louis passengers
But, of course, that all changed following the publication of the Post-Dispatch's investigation. "I didn't like it". "It was fake. On a recent Saturday night, a posting showed two women in their 20s in Gargac's black Chevrolet Silverado.
President Trump on EU Trade Negotiations: Better Late Than Never
On Tuesday, the Trump administration announced it would provide money to farmers impacted by tariffs due to the ongoing trade war. Sasse said he doubted Trump's trade policies will Make America Great Again as promised, but instead "Mak [e] America 1929 Again".
Trump threatens Iran with what 'few have suffered'
Iran and the USA have been at each others throats after the Washington axed their nuclear deal with Tehran . Wazne said Iran could well go to war to protect its oil exports , the foundation of its economy.