Twitter Inc. posted record revenue in the latest quarter, but rising costs weighed on the bottom line as the social-media company sought to improve its functionality.
The company said Thursday that fourth-quarter net income was $118.8 million as costs rose 22% from a year earlier. The company’s more-closely-watched operating income was $153 million for October through December. That was short of $207 million a year earlier and $161 million that analysts surveyed by FactSet had projected.
Today start my car ain’t free may get some overtime?
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