Twitter posts 2nd profit in a row after losses for 12 years
Twitter has posted a profit for the second consecutive quarter after suffering losses for 12 years since it was founded. While Twitter posted its first-ever profit of $91 million in Q4 2017, the company on Wednesday revealed a profit of $61 million for Q1 2018. Further, Twitter's Monthly Active Users hit 336 million, compared to 330 million in Q4 2017.