Twitter is growing, but its bank account isn t

Get the Full StoryTwitter is finally showing signs of life after months years, even of flatlining. The social media behemoth today released its quarterly report for Q1 2017, which didn t, at first glance, look very encouraging. It still can t seem to turn a profit. Its quarterly losses total about 7-percent. Revenue was higher than expected at 548 million, but that s still a total loss of 62 million. Still, that s the smallest net loss the company s posted since before 2015. It s certainly better than last quarter, where they posted a 167 million in net loss. The site also boasts 328 million monthly users, which is… This story continues at The Next WebOr just read more coverage about: Twitter

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