Company Twitter has increased its user base, but still remains unprofitable
Company Twitter has published a report on the results of the first quarter of the 2017 financial year. Revenue in the first three months amounted to 548 million to $ 595 million a year earlier.
Twitter remains unprofitable company. In the last quarter net loss amounted to 62 million dollars against a loss of 80 million in the first quarter of last year.
However, there are positive aspects. For example, the company said that the monthly number of active users increased by 9 million to 328 million people. While daily active users rose 14%. Also a 17% increase in revenue from advertising sales. All this has led to the fact that Twitter shares rose 10%.