Twitter revenues surge 114% to USD 361 mln in Q3

Tuesday 28 October 2014 | 08:49 CET | News
Twitter said third quarter revenues soared 114 percent from the year before to USD 361 million, higher than the company's forecast of USD 330-340 million. The net loss meanwhile widened to 175.4 million from a loss the year earlier of 64.6 million, with the diluted net loss per share narrowing to 0.29 from a loss of 0.48 and the EBITDA rising to 68.3 million from 9.2 million. Twitter's user base grew 23 percent to 284 million monthly active users, with mobile accounting for 80 percent of users and 85 percent of revenues. Timeline views reached 181 billion, up 14 percent from the year before,

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Categories: Internet / Mobile & Wireless
Companies: Twitter
Countries: World
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