Twitter Q2 Earnings Beat Estimates on $502 Million Revenue

Twitter reported Q2 2015 earnings 7 cents per share beating analysts expectations of 4 cents per share. The company reported $502 in revenue, an increase of 61 percent year over year, on Tuesday after the U.S. stock markets closed.

TWTR opened on Tuesday at $34.70, rising more than 5 percent ahead of the release to $36.54.

Wall Street analysts had forecast EPS of 4 cents per share on $481.28 million revenue, according to Yahoo Finance.

Also Read: Twitter's Exiting CEO Dick Costolo...

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