After almost 12 years, Twitter is finally profitable, reporting profits of $91 million on $732 million in revenue, a jump of 2 percent over last year. (Annual revenue for the company was slightly down in 2017, however it generated $2.4 billion, versus $2.5 billion in 2016.) Twitter’s user base didn’t grow at all last quarter, the company still has 330 million monthly users.
- Written by Jerry Seward
- Category: Companies