Twitter reported second-quarter earnings on Friday.
Shares in Twitter climbed 4% in pre-market trading after the social-media group beat Wall Street forecasts for both its top and bottom lines. Constant-currency revenue rose 20% to $841 million, while monetizable daily active users rose 14% to 139 million. Twitter posted a sharp rise in EPS to $1.43 due to a one-off tax benefit. Watch Twitter trade live.
Shares in Twitter climbed 4% in pre-market trading after the social-media group beat Wall Street forecasts for both its top and bottom lines. Constant-currency revenue rose 20% to $841 million, while monetizable daily active users rose 14% to 139 million. Twitter posted a sharp rise in EPS to $1.43 due to a one-off tax benefit. Watch Twitter trade live.
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