Comment on Big Q2 growth in tweeting masses has investors strong on Twitter

Big Q2 growth in tweeting masses has investors strong on Twitter

Scott Beale Twitter announced the financial results for its second quarter today, showing strong growth in average monthly active users. Although by Generally Accepted Accounting Principles (GAAP), Twitter posted a loss this quarter, non-GAAP numbers reflected a small profit that beat analyst expectations enough to send Twitter stock rising in after-hours trading. Revenue for the social media company was up 124 percent year-over-year to $312 million.

 

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