Twitter tops Q1 estimates on sales revenue, user count, shares surge
Twitter reported $787 million in revenue, an 18% increase from the year-earlier period. Analysts, on average, estimated $775 million
Twitter posted an increase in monetizable daily active users to 134 million, compared with 126 million in the fourth quarter
San Francisco: Twitter Inc. topped first-quarter sales projections and reported strong user growth, bolstered by changes to its social-media service that are drawing a wider audience of consumers and advertisers. The shares rallied.