Twitter reports quarterly loss of $511 million
San Francisco (AFP)
Twitter said Wednesday it lost $511 million in the fourth quarter, in the first published results since its highly anticipated stock market debut last year.
The results showed revenues doubled from a year ago to a better-than-expected $242.6 million, but Twitter shares slid more than ten percent in after-hours trade.
(Agence France-Presse, 5 Wednesday February 2014 The Roman)
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