Twitter revealed quarterly business report which shows that according to the expectation their revenue increased.  The company’s share increased to 10.5%

The first quarter revenue decline 8% compared to the corresponding quarter last year. The quarter revenue stood at $548M and which is more than the Wall Street Journel prediction $512M.

The market share value increased and closed at $16.20. CEO Jack Dorsey said “We are very happy that there is growth in the fourth consecutive quarter which is 14% up year over year. We will continue to grow we will execute our plan which should result in revenue growth in a long term”

Twitter will increase its user base and monthly users increased to 328 M which is 6% compared to the last year and 9 million from the last quarter. Daily users increase by 14% which is great.

Twitter competitors companies are getting more profit through advertisements. Facebook got a profit of 177% which is huge