Twitter reveals rip-roaring growth, big losses ahead of IPO
Twitter Inc, racing toward the largest Silicon Valley IPO since Facebook Inc's 2012 coming-out party, gave potential investors their first glance at its financials on Thursday when it publicly filed its IPO documents, setting the stage for one of the most-anticipated debuts in over a year.
In Thursday's filing, the first public disclosure of financial figures, Twitter reported that revenue almost tripled to $316.9 million in 2012. In the first half of 2013, it posted revenue of $253.6 million but had a loss of $69.3 million. (Reuters)
