Margin Profiles News Today

Generated $422 million in revenue in the first three quarterses of the year and its not making money just yet. dick costello who i sat down and spoke to, ahead of the debut on the new york stock exchange says this is all part of the plan and that theyre investing in long-term growth. heres what he had to say. >> they nothing structural about twitter that prevents us from having the kinds of margin profiles of our peer group. we are investing for the long term. we think this is a long-term compan...

A share after opening this morning at $45.10. the opening price was already 73% above the initial public offering price set last night at $26 a share. this morning twitter executives rang the opening bell at the new york stock exchange. investors are betting that twitter is destined to become wildly profitable, although its never turned a profit in its seven years of existence. heres twitters ceo on that. >> theres nothing structural about twitter that prevents us from having the kinds of margin...