Twitter Posts Record Q2 Profit
(San Francisco, CA) — Twitter is beating analysts’ estimates and posting a record profit. The social media powerhouse this morning reported a record second quarter profit of 100-million dollars on revenue of 711-million. CEO Jack Dorsey said in a statement that Twitter’s daily users grew eleven-percent over the second quarter of 2017. The company has been removing and suspending problem accounts to weed out abusive content, hate speech, and misinformation. Twitter says that’s one reason its monthly users total is down from the first quarter of this year.
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Gus Koernig/acc SFX)
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07-27-2018 04:40:04
