Twitter’s ‘very strong’ quarter involved a $175m loss


“We had a very strong financial quarter,” said Twitter CEO Dick Costolo last night, as the company announced its latest quarterly financial results. Although by “very strong” we’re talking about a net loss of $175.5m, up from $64.6m in the corresponding quarter last year. Admittedly, Twitter’s revenues did rise sharply too, from $168.6m in Q3...

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