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Posts Tagged ‘Cuban Twitter’

SAN FRANCISCO (AP) — Stronger-than-expected results pushed Twitter’s stock sharply higher on Tuesday after the short messaging service said its revenue more than doubled in the second quarter.

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San Francisco (AFP) – Twitter on Tuesday reported that its quarterly loss widened to $145 million despite revenue more than doubling, but its shares soared on word of healthy user growth.

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Twitter has had a rough time during its early life as a public company. Over the last three months Twitters active user base grew to 271 million, adding 16 million new accounts. Mobile users make up 78 percent of Twitters userbase, totaling 211 million. Analysts expected the company to show a bump in new users […]

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