The social media space is likely to be on fire post Twitter Inc.'s third-quarter 2017 earnings release. The stock soared more than 18% in the key trading session on Oct 26 as the micro-blogging website beat on the bottom line, reported considerable monthly active users and said "it may become profitable for the first time next quarter." Notably, the social media company has been a drag for long (read: Social Media ETF Nosedives With Twitter's Weak User Growth ). Results in Detail Twitter's Non-GAAP earnings per share of 10 cents came in much ahead of the Zacks Consensus Estimate of 6 cents per share. Revenues of $590 million were in line with the consensus mark. Average monthly active users (MAU) were 330 million for the quarter, up 4% year over year and 1% sequentially. The figure matched analysts' expectations. There has been an adjustment of 1-2 million users per quarter since the fourth quarter of 2016 due to miscalculation, added Twitter.