In less than 140 characters, here's the Twitter scoop:
#Twitter loses $half-billion. Excluding one-time charges, 2 cents share profits. Revenue beats expectations. TWTR tumbles on user growth.
Here's AP's needlessly wordy version:
NEW YORK (AP) — Twitter beat Wall Street's earnings and revenue expectations in its first quarter as a public company. But investors were looking for even more -- including more user growth -- and the company's stock dipped as much as 12 percent in after-hours trading Wednesday.
Twitter reported a loss of $511 million, or $1.41 per share, in the October-December quarter. That compares with a loss of $8.7 million, or 7 cents per share, a year earlier. Adjusted earnings were 2 cents per share.