Despite some rumours, the fat lady isn't singing when it comes to Twitter. 

After a rocky start to 2014 the micro-blogging platform has just posted a surprise Q2 earnings report revealing both increased profit and user growth.

#Survivor

For the second quarter of 2014 Twitter netted a tidy US$312 million in revenue, and US$0.02 profit per share.

This was well up on expectations, which predicted US$283 million in revenue and a loss of US$0.01 per share.

Big is better

User growth is also on the rise.

Twitter's audience has remained largely stagnant this year, an issue the network has sought to address by rolling out a cavalcade of new features and products.

The strategy seems to have worked. Monthly active users now number 271 million, marking a 24 per cent year-on-year increase. 

Up and away

Following the news Twitter's shares started trending, rising by as much as 35 per cent. 

Considering the platform's shares have dropped 39 per cent since January, this has been the best week for Twitter in a long time. 

And more importantly, it sends a clear message that Twitter isn't going anywhere anytime soon. 

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