(Reuters) - Micro-blogging website Twitter Inc had lower-than-expected quarterly revenue, according to market data firm Selerity, which revealed the earnings numbers before the company's scheduled announcement.
Twitter, which allows users to broadcast 140-character messages, had revenue of $436 million in the first quarter, according to Selerity.
Excluding items, the company earned 7 cents per share, Selerity said on its Twitter page.
Analysts on average had expected Twitter to earn 4 cents per share on revenue of $456.8 million, according to Thomson Reuters I/B/E/S.
(Reporting by Devika Krishna Kumar in Bengaluru; Editing by Sriraj Kalluvila)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app