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Twitter IPO reveals a company that's growing fast but losing money

2013-10-04 14:25:29| InfoWorld: Top News

Twitter has filed for its long-awaited initial public offering, revealing a fast-growing company but one that lost money in each of the past three years.Twitter generated $317 million in revenue last year, almost three times what it made in 2011, according to its IPO documents filed Thursday. Its loss last year was roughly $79 million, but that was smaller than its loss of $128 million in 2011.

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