Latest in monthly active users

Ad-supported streaming service Tubi said it has surpassed 20 million monthly active users after activity in May reached 94 million hours of content viewing and revenue in the month set a company record. Tubi, which launched in 2014, is privately held and did not disclose the monthly revenue figure. At the start of…

Twitter exceeded Wall Street estimates for profit and revenue while also reporting modest user gains in the first quarter. Earnings per share came in at 37 cents, well ahead of analysts’ consensus forecast of 15 cents. Revenue reached $787 million edged estimates of $776.1 million. The social network reported monthly a…

Despite reporting better-than-expected profit and revenue in the fourth quarter, Twitter disclosed a decline in monthly active users, which has driven shares down 10% in early trading. Shares were at $30.71 nearly two hours into the session, on above-average volume. They remain above their 52-week low of $26.19, and…