Twitter is profitable again in 1st quarter, grows overseas [FOX News]
Twitter, Inc. (TWTR)
Last twitter, inc. earnings: 4/30 07:00 am
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Source: FOX News
Associated Press SAN FRANCISCO – Twitter is reporting its second profitable quarter with very strong profit and revenue numbers, sending shares up sharply in premarket trading. The company posted earnings of $61 million Wednesday, or 8 cents per shares. Adjusted for one-time gains and costs, per-share earnings were 16 cents, which is 4 cents better than Wall Street expected, according to Zacks Investment Research. Revenue as $664.9 million, easily beating analyst projections of $609.9 million. Shares of Twitter Inc. rose 3 percent before the opening bell with the company seeing impressive overseas growth. _____ Portions of this story were generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on TWTR at https://www.zacks.com/ap/TWTR Trending in U.S.
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