Tuesday, April 28, 2015

Selerity reveals Twitter results ahead of schedule

- Micro-blogging website Twitter Inc (TWTR.N) had lower-than-expected quarterly revenue, according to market data firm Selerity, which revealed the earnings numbers before the company's scheduled announcement. Twitter, which allows users to broadcast 140-character messages, had revenue of $436 million in the first quarter, according to Selerity. Excluding items, the company earned 7 cents per share, Selerity said on its Twitter page.Analysts on average had expected Twitter to earn 4 cents per share on revenue of $456.8 million, according to Thomson I/B/E/S. (Reporting by Devika Krishna Kumar in Bengaluru; Editing by Sriraj Kalluvila)

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