Twitter Results Presentation Deck
Twitter | 2018 Annual Meeting of Stockholders
Metrics and
non-GAAP
information
Adjusted EBITDA is defined as GAAP net income (loss) adjusted to exclude stock-based compensation
expense, depreciation and amortization expense, interest and other expense, net, provision (benefit) for
income taxes, restructuring charges and one-time nonrecurring gain.
Adjusted free cash flow is GAAP net cash provided by operating activities less capital expenditures
(i.e., purchases of property and equipment including equipment purchases that were financed through
capital leases, less proceeds received from disposition of property and equipment.
This presentation includes certain non-GAAP financial measures. As required by Regulation G, we have
provided a reconciliation of those measures to the most directly comparable GAAP measures, which is
available in the Appendix and at https://investor.twitterinc.com/index.View entire presentation