Twitter Beats Expectations In Q1, Continues Live Streaming Push

Twitter reported Q1 revenue of $548M, "down 8% year-over-year but topping Wall Street expectations" of $512M. The company said that it "streamed more than 800 hours of live premium video" in the quarter from "content partners across more than 450 events reaching 45 million unique viewers." Of those 800 hours, "51% were sports" (VARIETY.com, 4/26).

Meanwhile, Twitter has reached a deal with CONCACAF to live stream the final match of the '16-17 Scotiabank CONCACAF Champions League. Tonight's match featuring Liga MX clubs Tigres UANL and C.F. Pachuca will be "available to logged-in and logged-out Twitter users" in countries including the U.S. and Canada. A 30-minute pregame show starting at 9:30pm ET "will be included" in the stream (ADWEEK.com, 4/25).