Twitter's Q1 2020 Results See Record User Growth Despite $8.4 Million USD Net Loss

Twitter reported its earnings for Q1 2020, showing a record 24 percent year-on-year increase in daily active users to 166 million in the first quarter, but a net loss of $8.4 million USD. The company's first-quarter revenue and earnings beat the consensus forecast of Wall Street analysts polled by Bloomberg.While the company experienced a three percent rise in its first-quarter revenues, a 18 percent increase in costs and expenses led to the hard net loss -- for contrast, Twitter recorded a $191...