Twitter’s stock price is up about 9% in pre-market trading after the social media company released a Q1 earnings report that crushed Wall Street expectations. It reduced its net loss by 22.8% vs the period last year to $61.6 million on revenues of $548.3 million, down 7.8%. But the top line was well ahead of the $511.91 that analysts anticipated. Adjusted earnings of 11 cents a share soared past forecasts for a penny. The company still has a long way to go.

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Topics:  q1   wall street   adjusted   twitter   soar   expectations   million   company   
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