Twitter's stock fell 18% to $42.27 after trading resumed following a report by Selerity. The company's earnings excluding some items were 7 cents a share, surpassing analysts' estimates of 4 cents. Twitter's first-quarter net loss increased to $162 million from $132.4 million the previous year. CEO Costolo, criticized for slowing user growth, promised product revamps to attract new users. New features include 'While You Were Away' and 'Highlights.' The home page now offers categories for exploration without logging in, and new users receive an instant timeline based on contacts and interests.
documents/vol00010-efta01457290-pdf.pdf
{"key_people":["Costolo","Sarah Frier","Jillian Ward","Reed Stevenson"],"document_type":"correspondence","key_organizations":["Twitter","Selerity"]}