Twitter Q4 Results Top Estimates

(RTTNews) - Twitter, Inc. (TWTR) reported a net loss for the fourth quarter of $125.4 million or $0.20 per share, compared to a net loss of $511.5 million or $1.41 per share for the year-ago quarter.

Excluding items, adjusted net income for the fourth quarter was $79.3 million or $0.12 per share, compared to $9.8 million or $0.02 per share in the prior year quarter.

Revenue for the fourth quarter jumped 97% to $479.08 million from $242.68 million in the same quarter last year.

Analysts polled by Thomson Reuters expected the company to earn $0.06 per share on revenue of $453.14 million for the fourth quarter. Analysts' estimates typically exclude special items.

Looking forward, the company forecasts revenue of $440 million to $450 million for the first quarter and $2.3 billion to $2.35 billion for the full year 2015.

Analysts currently expect the company to post revenue of $449.68 million for the first quarter and $2.30 billion for the full year 2015.