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Twitter+reports+a+loss+but+growing+number+of+users
Wednesday, 30 July 2014 - 9:33
Twitter reports a loss but growing number of users
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Social networking service Twitter reported a loss of 145 million dollars, during the second-quarter period from March to June.

That is more than triple the loss the company reported during the same period a year ago.

Twitter said it had 271 million monthly users - up 24% from a year ago - allaying investor fears that the service is not growing fast enough.

Shares in the firm soared over 35% in after-hours trading.

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