Twitter shrugs off first quarter estimates with impressive earnings

Twitter may finally be heaving a sign of relief with latest revenue report that saw its shares surging 11 percent in pre-market trading after beating earnings estimates.

The company said it generated $548 million in revenue earnings of 11 cents per share. It is one of the biggest jump it has seen since talks of acquisition of the company began.

Twitter also saw 9 million users joining the platform crushing the 2.3 million user growth estimate. The micro-blogging platform now has 328 million total monthly active users.