(Reuters) - Twitter Inc reported better-than-expected quarterly revenue as the micro-blogging website operator's push to boost advertising income paid off.
Revenue rose 61 percent to $502.4 million.
The company's net loss narrowed to $136.7 million, or 21 cents per share, in the second quarter ended June 30 from $144.6 million, or 24 cents per share, a year earlier.
Excluding items, Twitter earned 7 cents per share.
Analysts on average had expected Twitter to earn 4 cents per share on revenue of $481.3 million, according to Thomson Reuters I/B/E/S.
Twitter's shares rose 3 percent in extended trading on Tuesday.
Uncommon Knowledge
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
