Twitter beats revenue targets with ad improvements, shares jump 5%

FILE PHOTO: A Twitter logo is seen outside the company headquarters in San Francisco, California, U.S., January 11, 2021. REUTERS/Stephen Lam/File Photo

(Reuters) -Twitter Inc on Thursday reported higher revenue growth than Wall Street had expected, as the social media platform rolled out ad targeting improvements to help brands reach potential customers.

Shares of Twitter rose 5% to $73 in trading after the bell.