Wednesday, July 29, 2015

Twitter rushed after report – Business Wire

Twitter posted an adjusted profit per share at 0:07 dollars for the second quarter of 2015 (-0: 24).

Analysts’ expectations were a score of 0: $ 04 per share, according to Bloomberg average forecast.

Revenue was $ 502 million (312.2). Expected this was a turnover of $ 481 million, according to Bloomberg forecast compilation.

Increases forecast

Twitter raises revenue estimate for the full year 2015 to 2.20 to 2, $ 27 billion from the previous forecast 2.17-2.27 billion.

Twitter judges that the adjusted EBITDA for 2015 will amount to 520-540 million US dollars. Previously expected the figure to land in the range of 510-535 million.

For the third quarter traces Twitter that revenue will land in the range of 545-560 million, and an adjusted EBITDA of 110-115 $ one million .

Here, market expectations of 556.6 and $ 123.8 million.

rushed for trade

The share was traded up 5.3 percent before the report came shortly after the stock market closes. The report received shares to rush over 11 percent after the trade. Shortly thereafter, however, fell course back slightly and was quoted at 22.30 just over 6.3 percent higher.

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