Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

TWITTER SHARES EXPLODE AFTER EARNINGS

Sam RoJul 30, 2014, 01:46 IST

Twitter shares are up a mind-boggling 25% in the wake of its earnings announcement.

The company's Q2 financial results beat expectations across the board. Revenue surged to $312 million, beating expectations for $283.9 million. Monthly active users jumped to 271 million, beating expectations for 267 million.

And amid all this, the company squeezed out an adjusted profit of $0.02 per share. Analysts were looking for a $0.01 loss.

More to come...

MarketWatch