Tag: revenue

Different Social Circles

The difference in income trajectory of the two most well known social networks is pretty stunning. After a few rocky initial quarters as a public company, Facebook has taken off from a revenue perspective. While on the other end, Twitter is digging a bigger hole for itself and is trending the wrong way.

During this year’s first quarter, which Twitter reported today, the company lost $162 million despite bringing in $436 million in revenue. Since its IPO in late 2013, it has lost a cumulative $1.25 billion over six quarters.

Source: Twitter has lost more than $1 billion since it went public – Quartz