Thursday, February 6, 2020

Twitter Hits $1B In Quarterly Revenue

Is it just me or does $850 million seem like a lot for operating expenses considering what Twitter actually does.

Revenue reached $1.01 billion, up 11%, reflecting steady progress on revenue product and solid performance across most major geographies, with particular strength in US advertising. Operating income of $153 million reflects ongoing investments across our top initiatives to drive growth and better serve the public conversation.