Twitter presented its latest results yesterday, revealing that its active user count had risen 18 percent to 302 million. The company further revealed that 80 percent of users access Twitter via their mobile device. Sales increased 74 percent year on year to $436 million. However, it wasn’t all positive news for the micro-blogging platform. Between January and March 2015, $162.4 million has been lost from the company’s books. Stock declined 18 percent on Tuesday as investors reacted with tremendous disappointment.
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