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 US$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 per cent before the opening bell with the company seeing impressive overseas growth.
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