American company Twitter Incorporated. which owns the same microblogging network, in the fourth quarter of 2017 received a net profit for the first time in its 12-year history.

As reported in the company's press release, net profit in October-December was $ 91.1 million, or 12 cents per share, against a loss of $ 167 million, or 23 cents per share, for the comparable period of 2016.

Adjusted profit in the past quarter was 19 cents per share and exceeded the consensus forecast of the surveyed Fact Set analysts, which was 14 cents per share.

Quarterly revenue of Twitter increased by 2%, to $ 731.6 million with the expected market price of $ 686.1 million.

Revenues from advertising increased by 7% in annual terms.

The number of Twitter users (account activity at least once a month) practically did not change for the quarter and increased by 4% year-on-year, to 330 million people. Experts expected that the number of users will be 332 million people.

The price of Twitter shares soared by 13.3% in pre-auction in New York on Thursday. Over the past 12 months, the company's capitalization jumped by 44%, to $ 18.75 billion.