Updated .. Twitter share rises 4% by closing after business results

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direct: The share price of “Twitter” increased by more than 4 percent at the close of trading on Thursday, with a record jump in the number of users of the social media platform.

The American company revealed through its business results report today that The number of active users Daily, it increased by 34 percent during the second quarter, on an annual basis, to reach 186 million users, compared to estimates of 176 million people.

“The high utilization of our service represents a tremendous opportunity to serve the public conversation, as more and more people have gone to see what’s going on,” Chief Executive Jack Dorsey said in a statement accompanying the business results.

Despite this, revenues decreased by about 19 percent during the second quarter of this year to 683 million dollars, and recorded net losses of 1.23 billion dollars.

Upon closing, Twitter shares rose 4.1 percent to $ 38.44.







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