Twitter shares soar after earnings beat

FAN Editor

Twitter reported earnings before the bell on Wednesday.

Here are the first-quarter earnings and revenue:

  • Earnings per share: 16 cents vs. 12 cents, according to a Thomson Reuters consensus estimate
  • Estimated revenue: $655 million vs. $608 million, according to a Thomson Reuters consensus estimate
  • Estimated monthly active users: 336 million vs 334.2 million, per a StreetAccount and FactSet estimate

Twitter showed profitability againafter it reported its first net profit last quarter.

Shares were up 13 percent after the report.

This is a breaking news story. Please check back in for updates.

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