Twitter's post Increasing advertising revenue, but overall net loss 2

Twitter's post Increasing advertising revenue, but overall net loss



Twitter's advertising revenue grew in the second quarter, but the social media company is still trying to get back on track. On Tuesday, it was announced that Twitter's advertising revenue increased 18 percent to $ 535 million, while net revenue rose 20 percent to $ 602 million. However, the company still posted net losses of $ 107.2 million, or 15 cents per share, which is still an improvement from a year ago loss of $ 136.7 million, or 21 cents. .