Selerity reveals Twitter results ahead of schedule

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Reuters
Last Updated : Apr 29 2015 | 1:22 AM IST

(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)

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First Published: Apr 29 2015 | 1:06 AM IST

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