Twitter is profitable again in 1st quarter, grows overseas
SAN FRANCISCO (AP) " Twitter, driven by strong growth overseas, swung to a profit during the first quarter of the year, its second profitable quarter ever after a strong finish last year.Shares climbed 4 percent before the market open on Wednesday.For the three months ended March 31, Twitter Inc. earned $61 million, or 8 cents per share. A year earlier the San Francisco company lost $61.6 million, or 9 cents per share.Removing certain items, earnings were 16 cents per [...]
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