Twitter reports a quarterly profit for the first time
Posted on: 9 février 2018, by : Stuart Dredge

Shock news! A social network that isn’t Facebook *can* be profitable after all. Twitter’s latest quarterly financials included an important milestone for the company: its first quarter in the black.
The company’s revenues of $732m in the fourth quarter of 2017 were up 2% year-on-year, but it flipped from a net loss of $167m in Q4 2016 to a net profit of $91m a year later.
There’s gold in them thar tweets after all. Possibly.
The post Twitter reports a quarterly profit for the first time appeared first on Music Ally.
Source: Music ally

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