Thursday, July 31, 2014

Twitter remains positive in spite of a net loss of $145m


Well-known Web Design in Cambodia, Digital Marketing Agency, CEO Dick Costolo still shows his optimism though Twitter saw a net loss of US$145m in its Q2 2014 results.

The CEO said: “Our strong financial and operating results for the second quarter show the continued momentum of our business.”

The company remains focused on driving user growth and engagement following success from its user experience during the World Cup. He added: “We served up tailored experiences for each individual match and for the overall World Cup and these experiences felt alive.”

According to the results announced on Tuesday, Twitter’s Q2 2014 net income stood at $15m compared to a net loss of $16m in Q2 2013.


Twitter remains positive in spite of a net loss of $145m

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