Twitter Q1 Adj. EPS, Revenues Top View; Sees Higher Revenues Over Long Term

Twitter Inc. reported narrower net loss in its first quarter and higher adjusted EBITDA margin as it remains focused on streamlining cost structure. Revenues declined on lower advertising and US revenues. However, adjusted earnings per share and revenues topped market estimates. In pre-market activity on the NYSE, Twitter shares were gaining 10.5 percent.

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