The company reported revenue of $602 million, up 20% year-over-year. However, Wall Street was looking for revenue of $606.77 million for the quarter.
Twitter earned 13 cents per share in the period, beating analysts' estimates of 10 cents per share.
Twitter had 313 million monthly active users for the period, up 3% year over year, and an increase from 310 million in the first quarter. Over 82% of the users were mobile.
For the 2016 third quarter, Twitter is expecting revenue in the range of $590-$610 million.
The company has recently been moving into live-streaming and original content, striking deals to stream pre- and post-game footage during the Wimbledon tournament, the Democratic and Republican National Conventions, and two exclusive new shows during the NBA season.
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Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
TheStreet Ratings rated this stock as a "sell" with a ratings score of D. T
Among the areas TheStreet Ratings feels are negative, one of the most important has been a generally disappointing historical performance in the stock itself.
You can view the full analysis from the report here: TWTR