Twitter Q1 Result Announced : 255 Million Active Users, $250 Million Revenue
Micro-blogging legend Twitter today announced its Q1 results. Company said that they have 255 million users who are active on the monthly basis and the number is up 5.8 from the previous quarter. Investors are however not very positive about the results and still concerned about falling visitor count.
Post announcement Twitter shares dipped 8.5 percent to $39 in extended trading. Twitter said that Twitter timeline has been refreshed by the users 157 billion times in the first quarter. This is not the number of page views investors anticipated for. The company posted quarterly revenue of $250 million, as its mobile ads drew more viewer responses.
Summary: Twitter Q1 Result Announced
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