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Friday, February 8, 2019

Twitter profit soars as user base shrinks

Twitter said on Thursday that the profit margins rose sharply in the fourth quarter, lifted by gains in advertising despite a drop in its global user base. The short-messaging platform said it posted a $255 million profit in the final three months of 2018, compared with $91 million a year earlier, as revenues rose 24 per cent to $909 million.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2t9CNQV

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