Technology

Twitter Notches First Profit, and Shares Leap

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Twitter reported its first profitable quarter as a publicly traded company, a welcome piece of news for a company that has long sought to make a viable business out of the eyeballs following its feeds.

Twitter Inc shares surged 25 percent before the bell on Thursday after the social network reported its first quarterly profit and better-than-expected revenue, helped by ads that better targeted users and sales growth outside the United States.

Source: Reuters

All Sources: Wall Street Journal Reuters

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