Twitter, Inc. Profit Falls 20% In Q1

(RTTNews) - Twitter, Inc. (TWTR) revealed earnings for first quarter that lost ground from last year.

The company said its profit totaled $82.40 million, or $0.11 per share. This was down from $102.72 million, or $0.15 per share, in last year's first quarter.

Analysts had expected the company to earn $0.01 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Twitter, Inc. earnings at a glance:

-Earnings (Q1): $82.40 Mln. vs. $102.72 Mln. last year. -Earnings Decline (Y-o-Y): -19.8% -EPS (Q1): $0.11 vs. $0.15 last year. -EPS Decline (Y-o-Y): -26.7% -Analysts Estimate: $0.01