Twitter Tops 250 Million Users, Beats Q1 Revenue Estimates

Twitter beat earnings and revenue estimates for the first quarter, but users numbers came in at the low end of Wall Street estimates

Twitter reported breaking even on an earnings per share basis on revenue of $250 million for the March quarter, compared to Wall Street estimates for a net loss of $0.03 per share on revenue of $241.5 million.

See also: Twitter: What to Expect in 2014

The company reported having 255 million monthly active users during the quarter, up from 241 million in the December quarter and 204 million in the same quarter a year earlierSome analysts had predicted Twitter would report having users of 260 million or more. Read more...

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