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Twitter beats Wall Street estimates as growth moves overseas

Business Finance


By David Ingram and Munsif Vengattil(Reuters) - Twitter Inc reported its second profitable quarter on Wednesday and topped Wall Street estimates for revenue and monthly active users, as advertisers in Asia and other markets outside the United States embraced Twitter's video ads. San Francisco-based Twitter has tried to grow its user base and ad business internationally, expanding beyond its home country. U.S. President Donald Trump has kept the service in the headlines domestically but growth has been faster abroad, including a boost in Asia in the most recent quarter.International sales ...

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First Published: Wed, April 25 2018. 16:31 IST