Twitter revenue drops despite an increase in number of users

Twitter reported a decline in revenue growth on Wednesday for its first quarter earnings, marking the company's first decrease in over a year. While the company's share price is currently trending at $14, Twitter's user base grew by 11 percent last quarter. Despite an increase of 14 percent in average user count, the revenue dropped to $548 million. Although the company isn't yet profitable, its losses decreased by 23 percent to $62 million.