Twitter (TWTR) Up More than 26% Following Its Massive Beat
July 30, 2014 at 06:07 AM EDT
Twitter Inc. shares (TWTR) are up more than 26% on Wednesday’s premarket trading after the online messaging service reported second-quarter earnings results that blew away Wall Street’s forecasts. Quarterly revenue surged 124 percent to $312 million, exceeding expectations for $283.07 million. Active monthly users jumped to 271 million, up from 255 million in the first […] View the full post at: Twitter (TWTR) Up More than 26% Following Its Massive Beat Related posts: Texas Instruments Earnings Beat Was Priced In Some Twitter Thoughts Is Google In Talks to Acquire Twitter ; Two Prominent Blogs Clash Over Source Reliability