Date: 2 months ago   Category: Internet

For the first time finished Twitter year with profit — Rambler News Service


The net profit of Twitter in 2018 was $1.2 billion against a loss of $108.06 million the previous year, it is told in the reporting of the company. Thus, the company for the first time got annual profit. "2018 is also remarkable annual profit, the first for the company, on GAAP" — it is specified in documents of the company. The revenue of the company in 2018 grew by 24.5% to $3.04 billion. In the first quarter 2019 the company expects revenue in the range from $715 million up to $775 million, operating profit at the level of $5 million — $35 million.

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