After 12 Years Twitter Finally Makes A Profit With Some Bad Good News On Users
Twitter has made its first ever profit, almost twelve years after the launch of the company. It reported profit of $91M on revenues of $732M in Q4 2017, in contrast to a loss of $167M in the same quarter the previous year … Re/code reports that revenue was also ahead of Wall Street expectations of $686M. There was what seems on the surface to be bad news: the user base didn’t grow at all during the quarter, while analysts had expected it to be up by a million....