© Reuters. FILE PHOTO: A 3D printed Twitter logo is seen in front of displayed stock graph in this illustration picture made in Zenica
By Paresh Dave and Elizabeth Culliford
OAKLAND, Calif. (Reuters) – Twitter Inc (N:) on Thursday said its ads sales slightly rebounded in Asia after a plunge due to the coronavirus outbreak and it had accelerated work on tools to attract advertisers, becoming the latest tech company to report a lighter blow from the pandemic than forecast.
Twitter shares jumped 11 percent in premarket trading.
The San Francisco-based social media company announced greater first-quarter revenue and a smaller loss than financial analysts had expected. Daily users who can view ads grew 24% to 166 million, about 2 million above estimates, as people looked to Twitter for information related to the virus.
Twitter provided neither its usual guidance on sales for the current quarter nor any comment…