Twitter revenue ballooned 124%
2 Agustus 2014
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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.
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