Twitter post solid Q1 results but outlook sinks stock
https://apnews.com/7a590cdc5255c70ff6ec551bf86e81eb
Like its bigger tech peers, Twitter posted stronger-than-expected results for the first quarter on Thursday. But its lukewarm outlook sent shares tumbling after hours.
The San Francisco-based company earned $68 million, or 8 cents per share, in the January-March period. That’s up from a loss of $8.4 million, or 1 cent per share, a year earlier.