Twitter, Inc. Q2 Earnings Climb 92%

(RTTNews) - Twitter, Inc. (TWTR) released a profit for its second quarter that advanced from last year.

The company said its bottom line came in at $92.93 million, or $0.13 per share. This was higher than $48.52 million, or $0.07 per share, in last year's second 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 19.9% to $602 million. This was up from $502 million last year.

Twitter, Inc. earnings at a glance:

-Earnings (Q2): $92.93 Mln. vs. $48.52 Mln. last year. -Earnings Growth (Y-o-Y): 91.5% -EPS (Q2): $0.13 vs. $0.07 last year. -EPS Growth (Y-o-Y): 85.7% -Analysts Estimate: $0.10 -Revenue (Q2): $602 Mln vs. $502 Mln last year. -Revenue Change (Y-o-Y): 19.9%