Twitter Is Approaching Profitability for the First Time After Exceeding Q3 Expectations

The site gained 4 million users, but overall ad revenue is down

Twitter's stock surpassed the $19 mark for the first time since July. Getty Images

Twitter’s third-quarter earnings, which beat analysts’ expectations both in terms of total user growth and earnings per share, signal good news for investors: If the company hits its fourth-quarter guidance, it could be profitable for the first time.

@martyswant martin.swant@adweek.com Marty Swant is a former technology staff writer for Adweek.