Twitter earnings beat expectations as revenue grows

Friday, 06 February 2015 - 13:51

Twitter reported a net loss of 125 million dollars in the fourth-quarter, beating analyst expectations.

It also said revenue grew faster than expected, increasing by 95% to 479 million dilllars during the October to December period.

Total monthly active users were 288 million, an increase of 20% from the year earlier.

However, growth from last quarter was significantly slower: the site managed to add only four million users in the past three months.