Why Twitter Isn't Turning a Profit

Perhaps the most surprising sentence in Twitter's IPO documents Thursday — and the most troubling news for fans of the social media service — came on page 23 of its S-1 filing "We have incurred significant operating losses in the past," the company said, "and we may not be able to achieve or subsequently maintain profitability." Translation: Twitter hasn't made a dime. And there's no guarantee it will in the future See also: Twitter Files for $1 Billion IPO The company lost $67 million in th...