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It looks like Twitter earnings just leaked and it’s a big miss

Myles Udland
Updated

According to Bloomberg, Twitter’s earnings just leaked and they are a big miss. 

In the first quarter, Twitter’s revenue hit $436 million, missing expectations for $456 million, according to Bloomberg. Bloomberg is citing research firm Selerity, which appears to have tweeted out Twitter’s earnings. 

Twitter’s first quarter adjusted earnings came in at $0.07, better than the $0.04 that was expected. 

In afternoon trade on Tuesday, shares of Twitter were down 3.7% to around $49.73 per share. 

Via Selerity’s Twitter account here’s the breakdown on Twitter’s first quarter earnings.

Screen Shot 2015 04 28 at 3.21.27 PM
Screen Shot 2015 04 28 at 3.21.27 PM

@Selerity

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The post It looks like Twitter earnings just leaked and it’s a big miss appeared first on Business Insider.