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Twitter User Growth Stalls

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Stock declines on the news.

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Lucas Jackson/Reuters

In its first earnings report since going public in November, Twitter earned 2 cents per share on the $242.7 million in revenues last quarter, even as analysts expected it to lose 3 cents and make $217 million in revenue. However, Twitter's user growth has slowed, with the number of active users rising only slightly, from 232 million to 241 million. The stock declined 10 percent on its announcement, suggesting investors’ disappointment with slowed user growth.

Read it at Wall Street Journal