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Twitter profits rise Twitter profits rise
(34 minutes later)
Twitter reported a rise in revenue for the three months to September, including a jump in advertising revenue.Twitter reported a rise in revenue for the three months to September, including a jump in advertising revenue.
The social networking site reported revenues of $569m, up 58% from $361m during the same period last year.The social networking site reported revenues of $569m, up 58% from $361m during the same period last year.
It also said that monthly active users were up 11% year-on-year, to 320 million.It also said that monthly active users were up 11% year-on-year, to 320 million.
Advertising revenue was $513m for the period, and increase of 58% from $361m over the prior year. Advertising revenue was $513m for the period, an increase of 58% from $361m over the prior year.