Tuesday, 28 July 2015

Twitter Revenue Tops $500 Million In Second Quarter

The company is searching for a new CEO and still struggling to grow its user base as fast as competitors. But its latest results have impressed investors. Twitter’s executives, however, said that the product as it exists now is not going to reach the mass market.

JUSTIN TALLIS / Getty Images

It was a steep jump, but the company's revenue growth rate is declining. In the first quarter, revenue grew 74%.


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