USA TODAY US Edition

GOOD NEWS FOR TWITTER AS IT TURNS A PROFIT IN Q4

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Twitter says it had its first quarterly profit in history and returned to revenue growth in the fourth quarter. Shares surged more than 20% in premarket trading Thursday. For the fourth quarter, Twitter reported revenue of $732 million, up 2% year-overyear. Net income was $91 million, compared to a loss of $167 million a year ago. Twitter’s monthly active user base remained flat at 330 million users; its daily active users grew 12%.

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