Twitter’s Push for Healthier Discourse Lifts Revenue, Hurts User Growth
Social-media company posts record quarterly revenue, but shares fall after decline in monthly users
Facebook’s revenue rose, year over year, 30% in the fourth quarter. WSJ’s Jason Bellini explains why the social network is beating analyst expectations and posting profits amid all the bad press. Photo illustration: Laura Kammermann
Twitter Inc. reported record quarterly revenue and its first full year of profitability Thursday, signs the company’s efforts to promote healthy discourse on the platform appear to be paying off.
Still, shares of Twitter fell 10% in morning trading on the company’s declining numbers of monthly users and its revenue forecast for the current quarter.
Twitter...