The social media company's shares rose in pre-market trading as shareholders seemed to focus on increased sales and users.
Twitter earned substantially less in the fourth quarter than it did a year ago, the result of a surge in expenses. That reality didn’t much dampen investors’ mood on Thursday as they sent the shares up 7% in pre-market trading.
Sales, though, matched Wall Street expectations: $1.7 billion, which will likely further ease concerns that changes to Apple’s iOS software will hurt Twitter’s digital ads business, still its core business.
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