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Twitter net loss $ 175 million in third-quarter

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Twitter.com today announced fiscal earnings in 2014 the third quarter. The report showed that Twitter third-quarter revenue of $ 361.3 million, an increase of 114% with $ 168.6 million with the same period of last year; net loss of $ 175 million, expanding 171% net loss of $ 64.6 million with the same period of last year.

The third quarter average monthly Twitter active users reached 284 million, represent an increase of approximately 23% over the same period last year, but growth in the previous quarter less than 5%.

After the earnings announcement, Twitter plunged 9.1 percent in after-hours trading today on the NYSE, today a total decrease of 11.78%


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