Twitter Avoids Revenue Hit From Apple Privacy Changes

Twitter Avoids Revenue Hit From Apple Privacy Changes
The Twitter logo is seen on a phone in this photo illustration in Washington on July 10, 2019. Alastair Pike/AFP via Getty Images
|Updated:

Twitter Inc. on Tuesday reported its quarterly revenue grew 37 percent and avoided the brunt of Apple Inc. privacy changes on advertising that hobbled its rivals, sending its shares up 3 percent.

The social networking site has been working to add new features such as audio chat rooms to attract users, and also rolled out improvements to its advertising capabilities to reach its goal of doubling annual revenue by 2023.