this post was submitted on 15 Jul 2023
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Advertising revenue in Twitter crashes by 50% (lemmy.world)
submitted 1 year ago by ghariksforge@lemmy.world to c/technology@lemmy.world
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nuff said

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[–] kameecoding@lemmy.world 7 points 1 year ago

Twitter reported its first-ever profitable quarter Thursday after more than four years of trading on the public market. The company announced $91 million in profit for the fourth quarter of 2017. Profitability was the #goal, CEO Jack Dorsey told investors in February 2017, and Twitter nailed it. The stock was up by more than 14 percent in after-hours trading.

https://mashable.com/article/twitter-profitable-earnings-2017-first-time

it was profitable at least at some point