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Twitter actually had some profitable years lately and in the last 5 years before Musk bought it they recorded a net profit. Revenue had been grown 60% over tha
by GVIrish 4y ago
Twitter actually had some profitable years lately and in the last 5 years before Musk bought it they recorded a net profit. Revenue had been grown 60% over that time.
But now with Twitter reportedly losing 40% of its advertisers and taking on $1 billion of annual debt servicing costs, it seems unlikely they'll be able to get back to profitable if things keep going this way.