Twitter Inc. reported first-quarter revenue below estimates and reduced its sales forecast, leading to a significant drop in stock value. The company is struggling to attract more users and advertisers, with revenue projections falling short of analyst expectations. The report was leaked by Selerity Inc. before the official announcement, causing trading disruptions.
documents/vol00010-efta01457288-pdf.pdf
{"title":"Twitter Cuts Sales Outlook; Shares Plunge After Results Leak","key_people":["Sarah Frier","Victor Anthony","Dick Costolo","Brian Wieser"],"document_date":"2015-04-28","document_type":"media","key_locations":["San Francisco","New York"],"key_organizations":["Twitter Inc.","Axiom Capital Management","Pivotal Research Group","Selerity Inc."]}