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Twitter posts stronger-than-expected Q2 results, shares jump

3 monthes ago   |   By Boston Herald

Twitter on Thursday posted stronger-than-expected earnings for the second quarter thanks to growing advertising demand across all geographic regions and types of ad products.
The San Francisco-based company earned $65.6 million, or 8 cents per share, in the April-June quarter. That's up from a loss of $1.38 billion, or $1.75 per share, a year earlier.
Revenue jumped 74% to $1.19 billion from $683.4 million, surpassing Wall Street's expectations. Ad revenue in the U.S. alone nearly doubled.
Analysts, on average, were expecting 7 cents per share and revenue of $1.07 billion, according to a...
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