During the morning analyst call, JackDorsey addressed a hack of high-profile users on Twitter last week.
Twitter CEO Jack Dorsey speaks during a press event at CES 2019 at the Aria Resort & Casino on Jan. 9, 2019 in Las Vegas.
But Twitter saw its daily active user base, a new metric for the social media company, rise to 186 million users, up 34 percent from 139 million users in the year-ago period and 166 million users as of the end of the first quarter. Total advertising revenue for the period came to $562 million, down 23 percent from a year-earlier $727 million. That missed analyst forecasts and underlined how the pandemic has impacted the digital advertising market.
"During the last three weeks of June, advertising revenue declined 15 percent year over year. Demand gradually improved once brands returned after the protests subsided," Twitter explained.
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