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Twitter is suddenly making money and Wall Street likes it a whole lot

Twitter is suddenly making money and Wall Street likes it a whole lot
From TechCrunch - February 8, 2018

Despite flat user numbers and a nominal beat in revenue, Twitters fortune-reversal over the past several months is still going as the company said it actually posted a GAAP net incomesending the stock jumping more than 15%.

Twitters overall user numbers were flat, but the company was still able to post a surprising profit and fell above what Wall Street expected for its fourth-quarter earnings. While the company has had to constantly face down issues with the services usability and problems that may keep new people from coming on, a lot of attention is now on its ability to try to figure out how to best capitalize on those users, such as by going after live video.

Heres the slash line:

So theres a couple things happening here, but its both that GAAP profitability and a surprising return to revenue growth that seems to looks very good here. And, naturally, nice surprises and money look good to Wall Street.Heres the chart for the companys stock, including todays huge jump:

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