Wall Street Journal: Twitter Remains Profitable as It Continues to Add Users

By Georgia Wells


It’s two in a row for Twitter Inc.

After 16 straight quarters of losses to start its life as a public company, the social-media company Wednesday reported its second consecutive profitable quarter, a heartening sign as it works to turn the attention of its users into a viable business.

“Twitter’s like this boxer that might not land a knockout punch, but they keep slugging away,” said Jim Cridlin, global head of innovation at WPP PLC’s Mindshare unit, which buys ads for clients, including on Twitter.

Read the entire piece in the Wall Street Journal.