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Twitter Reports More Strong Growth in Ad Revenue

By Alex Heath
· · Source: The Information

Twitter posted another strong quarter of ad revenue growth, a sign that its recent ad turnaround is continuing. “Monetizable” daily active users—those that can see ads—rose by 5 million to 139 million. Twitter said that was the biggest DAU increase for the company since the third quarter of 2017. Twitter stock surged 9%. The results capped a good week for most of its tech peers that all reported...

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