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Twitter loses 145 million dollars despite doubling …

July 29, 2014

Twitter has just presented results for the second quarter of the year with losses of 145 million dollars (108 million euros), compared to the red numbers of 42 million dollars (31 million euros) a year ago. The 140-character social network is still far from profitable, but it has surprised by doubling its income, to $ 312 million, 124% more than a year ago.

The evolution of income has been better than estimated by analysts. The improvement has come thanks to mobile, its best ally to increase advertising revenue.

via Twitter registers 145 million dollars in losses despite doubling its income | Economy | THE COUNTRY.

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