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Social Media Tech Stock Twitter (NYSE:TWTR) Soars on Better Than Expected Numbers

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Point Roberts, WA, NEW YORK, NY - July 30, 2014 (www.investorideas.com newswire) Investorideas.com, a global news source covering leading sectors including social media stocks reports on tech stock Twitter, Inc. (NYSE:TWTR), currently trading at $47.15, up $8.56 or (22.18%) as of 2:43PM EDT. The stock had a day high of $48.00.

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The stock is up following better than expected earnings yesterday on the close. The Company announced financial results for the second quarter ended June 30, 2014.

Second Quarter 2014 Operational Highlights

  • Average Monthly Active Users (MAUs) were 271 million as of June 30, 2014, an increase of 24% year-over-year.
  • Mobile MAUs reached 211 million in the second quarter of 2014, an increase of 29% year-over-year, representing 78% of total MAUs.
  • Timeline views reached 173 billion for the second quarter of 2014, an increase of 15% year-over-year.
  • Advertising revenue per thousand timeline views reached $1.60 in the second quarter of 2014, an increase of 100% year-over-year.
Investorideas.com Newswire

See the full financial press release:
https://investor.twitterinc.com/releasedetail.cfm?ReleaseID=862505

Investorideas.com Newswire

Twitter (NYSE: TWTR) is a global platform for public self-expression and conversation in real time. By developing a fundamentally new way for people to create, distribute and discover content, we have democratized content creation and distribution, enabling any voice to echo around the world instantly and unfiltered. The service can be accessed at Twitter.com, via the Twitter mobile application and via text message. Available in more than 35 languages, Twitter has 271 million monthly active users. For more information, visit discover.twitter.com or follow @twitter.

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Disclaimer/ Disclosure:The Investorideas.com newswire is a third party publisher of news and research as well as creates original content as a news source. Original content created by investorideas is protected by copyright laws other than syndication rights. Investorideas is a news source on Google news and Linkedintoday plus hundreds of syndication partners. Our site does not make recommendations for purchases or sale of stocks or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated by featured companies, news submissions, content marketing and online advertising. Contact each company directly for press release questions. Disclosure is posted on each release if required but otherwise the news was not compensated for and is published for the sole interest of our readers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.



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