Twitter, Inc. Q4 Income Rises 45%

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

The company said its bottom line rose to $114.62 million, or $0.16 per share. This was up from $79.32 million, or $0.12 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.12 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 48.3% to $710.47 million. This was up from $479.08 million last year.

Twitter, Inc. earnings at a glance:

-Earnings (Q4): $114.62 Mln. vs. $79.32 Mln. last year. -Earnings Growth (Y-o-Y): 44.5% -EPS (Q4): $0.16 vs. $0.12 last year. -EPS Growth (Y-o-Y): 33.3% -Analysts Estimate: $0.12 -Revenue (Q4): $710.47 Mln vs. $479.08 Mln last year. -Revenue Change (Y-o-Y): 48.3%

-Guidance: Next quarter revenue guidance: $595 - $610 Mln