Twitter finally makes a profit — now it doesn’t know how to increase monthly users | The Daily Fix

Twitter finally makes a profit — now it doesn’t know how to increase monthly users

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Twitter is raking in millions, but,  they’ve just now turned an actual profit for the first time. According to quarterly reports from the social media goliath, the company grew its revenue by 2% to $732million.  The  numbers were quite a bit above analysts expectations of at least $687m.

A net income of $91million, ehum, actually marked the first time Twitter has turned a nice hefty profit for itself.  In pre-market trading, the company’s stock jumped 21%.  The user growth remains at 330 monthly users, as, it has for quite some time now.

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