Twitter revenue ballooned 124%

Twitter in the second quarter of 2014 recorded a revenue of USD 312 million, up 124% compared to the same period last year amounted to USD 139.3 million thanks to the contribution of revenue from mobile advertising.

As quoted from TechCrunch, Saturday (02/08/2014), currently active Twitter users as much as 271 million per month, up from 255 million in the first quarter of 2014.

EBITDA of the company with a postal code tWTR on the trading floor in the second quarter of this year amounted to USD 54 million with a loss of USD 145 million, up from $ 42 million the same period in 2013.

In the third quarter 2014 earnings Twitter expected to rise with projections of about USD 330 million to USD 340 million.