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Twitter Q2 results better than expected, sees growth slowing in H2
2019-07-26 13:26:00| Telecompaper Headlines
(Telecompaper) Twitter reported better-than-expected results for the second quarter, saying its product improvements are paying off. Revenues rose 18 percent to USD 841 million, while operating profit fell slightly to USD 76 million, but was still ahead of the company's guidance. Twitter noted that growth will slow in the second half, due to a tougher comparison with last year and further efforts to phase out old ad formats.
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Category:Telecommunications