NEW YORK (TheStreet) -- Twitter (TWTR) - Get Twitter, Inc. Report shares are falling, down -8.8% to $38.86 in after-market trading on Tuesday following the release of its first quarter earnings report.

The stock is slumping despite the social media website posting revenue of $250 million, beating analysts revenue estimates of $241 million.

Earnings also beat analysts estimates of a net loss of -3 cents per share, the company broke even during the first quarter.

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