Would you believe it, Twitter posts its first ever profit
Now this is not something many people were expecting, but the ugly duckling of the social media giants posted its first ever profit in the last quarter.
Over the course of the last three months Twitter reported revenues of $732 million, a 2% year-on-year increase, while profit stood at $91 million. We’ve said it before, but we’ll say it again as it is not something we expected to write, this is Twitter’s first ever quarter of profitability.
Advertising revenue totalled $6
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