Twitter Grows 124% in Revenues and 24% in Users during The Second Quarter of 2014

In keeping with that time of the year where companies present their financial results with the idea show that his situation is so healthy and in part to soothe or worry to investors, the time of Twitter, a few moments ago who showed its results for the second quarter of 2014.

Contrary to what was expected due to the current market trend, Twitter showed results stunning and totally encouraging, with income of $ 312 million, when analysts predicted 283 million. What It represents a 124% growth over the previous year.

The winner of Brazil 2014

In this past world of football we only won Germany, Twitter was revenue that exceeded expectations, thanks to implementations during the tournament and the sale of advertising, which He represented 81% only in mobile advertising.

On the other hand, Twitter achieved a growth of users of 24% over the previous year, standing at 271 million active users, When were the forecasts of 267 million. These 271 million, 60 million are found only in the United States.

Dick Costolo, CEO of the company mentioned:

“Results are evidence of the momentum that the company lives. Twitter will maintain the approach of increasing the user base and the use of the platform, as well as experiences of use as the delivered for Brazil 2014 World Cup.”

But this does not stop here, since after the announcement of the results, the shares of the company closed at the 38.59 dollars, which equals a gain of the 1.74 percent, but during the after-hours (after closing negotiations) actions continue to be fire, Since at the time of writing this already go at 50.88 dollars, that is, an increase of almost 32% and is expected be placed up to 40%. Still, they are far from the 73.31 dollars that came to be quoted when it joined the stock exchange.

Thanks to this, analysts forecast third-quarter earnings again, hoping to get between 330 and 340 million dollars in revenue.

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