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Twitter shares surge as Q1 results beat expectations

Closely watched metric of monthly active users grows 9% from the same period a year ago to 328 million

Published Thu, Apr 27, 2017 · 09:50 PM
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Washington

TWITTER shares surged on Wednesday after its quarterly update showed improving growth in user numbers, offsetting concerns over a decline in revenue and another net loss for the social network.

The first-quarter results came in better than most forecasts for Twitter, which has struggled to keep pace in the fast-moving world of social media.

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