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Twitter Numbers Paint Grim Profitability Picture


Ron Burgundy
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A 3D printed Twitter logo is seen in front of displayed stock graph in this illustration picture made in ZenicaFor all the buzz the San Francisco company has created as the preferred platform for U.S. President Donald Trump and other high-profile figures, Twitter has lost more than $1.5 billion cumulatively since it went public in late 2013. Fourth-quarter revenue of $717 million was well short of analysts' expectations. The company is "trapped" and could see declining revenue for another year or two, RBC Capital Markets analyst Mark Mahaney said in a client note.




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