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What's the Matter With Twitter? Not What Twitter Thinks
Twitter CEO Dick Costolo has 99 problems, and revenue growth ain't one. The company announced income of nearly $243 million for the previous quarter Wednesday, beating analyst estimates by more than $20 million. It's on track to make a healthy billion dollars and change this year. Its advertising strategy is bearing fruit. If that were all, Twitter investors would be doing a victory lap right now. Instead, they're heading for the exits, driving Twitter shares down a little over 20% …
