Twitter starts making serious cash, investors are pleased with Q3 results

For a long time, Twitter was struggling to be profitable even though it’s one of the most popular social networks in the world. It appears those times are over as Twitter’s latest results show that the company’s efforts are paying off and it is now deep into the green when it comes to finances.

In the third quarter of 2018, Twitter’s revenue reached $758 million, beating analysts’ predictions by more than $50 million. That number is even more impressive when compared to Q2 of 2018: a 29% increase.

The boost is coming mostly from ads, as Twitter appears to have found a formula that ...