Twitter surprises with a sales gain, but user growth lags

Twitter reported a higher than expected increase in revenue on Tuesday, suggesting progress in the company's efforts to grow its ad sales.

Total revenue for the second quarter ending June 30 was US$502 million, Twitter reported, up 61 percent from the same period last year, and beating estimates of $481 million from analysts polled by the Thomson Financial Network.

Twitter also reported decent growth in its users, although with a caveat. For the quarter, the total number of users...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Twitter [+]    June 30 [+]    Thomson Financial Network [+]   

More #news: