(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
Read more(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.
Read more(Reuters) – Mobile game maker King Digital Entertainment Plc's quarterly revenue and profit handily beat market estimates as newer games such as “Candy Crush Soda Saga” more than made up for declining popularity of older titles. King Digital, whose shares jumped 18 percent in extended trading on Thursday, also said it would buy Seattle-based game developer Z2Live Inc. Total gross bookings, an indicator of future revenue, increased 8 percent to $586 million in the fourth quarter ended Dec.
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