Twitter, Inc. Profit Advances 121% In Q1

(RTTNews) - Twitter, Inc. (TWTR) revealed earnings for its first quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $102.72 million, or $0.15 per share. This was higher than $46.51 million, or $0.07 per share, in last year's first quarter.

Analysts had expected the company to earn $0.10 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 36.4% to $594.52 million. This was up from $435.94 million last year.

Twitter, Inc. earnings at a glance:

-Earnings (Q1): $102.72 Mln. vs. $46.51 Mln. last year. -Earnings Growth (Y-o-Y): 120.9% -EPS (Q1): $0.15 vs. $0.07 last year. -EPS Growth (Y-o-Y): 114.3% -Analysts Estimate: $0.10 -Revenue (Q1): $594.52 Mln vs. $435.94 Mln last year. -Revenue Change (Y-o-Y): 36.4%

-Guidance: Next quarter revenue guidance: $590 to $610 Mln