Twitter tops earnings estimates, lifting shares

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(FILES) In this file photo taken on November 4, 2016, the Twitter logo is seen on a sign at the company's headquarters in San Francisco, California. – Twitter reported on October 25, 2018, stronger-than-expected profits and revenues in the third quarter, igniting a strong rally in shares of the key social network. (Photo by JOSH EDELSON / AFP)

Twitter reported Thursday stronger-than-expected profits and revenues in the third quarter, igniting a strong rally in shares of the key social network.

The San Francisco group delivered a $789 million profit, including one-time gains, compared to a net loss of $21 million in the previous year, as revenues grew 29 percent to $758 million.

Twitter shares rallied 13.6 percent in premarket trade following the results, as the markets overlooked a dip…



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