Tuesday, October 15, 2013

Reuters: Technology News: Twitter to list on NYSE, more than doubles quarterly revenue

Reuters: Technology News
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Twitter to list on NYSE, more than doubles quarterly revenue
Oct 15th 2013, 21:57

A worker tends to the lawn on the roof of Twitter headquarters in San Francisco, California October 4, 2013. REUTERS/Robert Galbraith

A worker tends to the lawn on the roof of Twitter headquarters in San Francisco, California October 4, 2013.

Credit: Reuters/Robert Galbraith

SAN FRANCISCO | Tue Oct 15, 2013 5:36pm EDT

SAN FRANCISCO (Reuters) - Social networking website Twitter Inc, which said on Tuesday it would list its initial public offering on the New York Stock Exchange, more than doubled its third quarter revenue to $168.6 million.

But the company widened its net loss to $64.6 million in the September quarter compared with $21.6 million a year earlier, according to an amended IPO filing.

(Reporting By Poornima Gupta and Gerry Shih)

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