Quantcast
logo

Twitter reports over 270 million monthly active users

  • Twitter has reported a doubling of sales to $312.2m, exceeding analysts’ estimates.

    The number of monthly active users of the social media network touched 271m at the end of June, 24% higher than 2013. 

    Twitter’s shares rose 30% after the announcements in after-hours trading.

    “We had a very strong first quarter,” said chief executive Dick Costolo. “Revenue growth accelerated on a year over year basis fueled by increased engagement and user growth.”

     

     

     

    Tagged as: Twitter, sales, monthly active users, social media, technology news