Twitter's first-ever quarterly earnings, which the social network announced Wednesday, beat analysts' estimates. For the fourth quarter, Twitter brought in $243 million in revenue, and adjusted earnings of 2 cents per share. And at the end of the quarter, it had 241 million monthly active users.
Quarterly earnings for the company were up 116 percent from the fourth quarter a year ago. However, it posted a net loss of $511.5 million for the quarter, and its net loss for all of 2013 came in at $645.3 million.
For the full 2013 fiscal year, the company posted $664.… Read more