Twitter’s Q4 2019 Numbers: Big Boom, Tiny Losses
Twitter saw its revenue in the last quarter of 2019 climb to a solid $1.1 billion, a neat 11 % increase over 2018.
Jack Dorsey Spills the Tea
Our CEO Jack Dorsey highlighted the team’s mood: “learning faster” and “prioritizing better,” thanks to that record revenue rise.
- Revenue jumped, but net income took a hit – going from a profit of $255.3 m to a loss of $118.8 m.
- Despite the headwind, Dorsey cheered: “2019 was a great year for Twitter.”
- He’s packing the next year with more shipping and awesome hires.
What’s Next?
“We’re building on our momentum – learning faster, prioritizing better, shipping more, and hiring remarkable talent.” This puts us in a stronger spot for the challenges and opportunities ahead.
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