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SOCIAL MEDIA BEHEMOTH Twitter has posted its first quarter results for 2015 and all is not well with the company from a financial point of view it seems.
The company’s results were leaked 30 minutes early to the masses by research firm Selerity, and the company’s share price took a nose-dive as a result.
Selerity later tweeted that they had gotten the results directly from Twitter’s investor relations website and that nothing untoward had gone on with the leak.
Selerity / TwitterToday’s $TWTR earnings release was sourced from Twitter’s Investor Relations website https://t.co/QD6138euja. No leak. No hack.
— Selerity (@Selerity) April 28, 2015
The company’s share price fell initially by 6% following the Selerity leak, and an enormous 22% to about €35.65 after the results proper were posted.
The incredible fall in the company’s stock can be seen in this graph:
Twitter have officially blamed the American stock exchange Nasdaq for the leak, with their director of investor relations telling an earnings call that the company is”continuing to investigate what happened”.
Nasdaq hosts and manages our investor relations website and we explicitly instructed them not to release our results until after the market closed and only upon our specific instructions, which is consistent with prior quarters.
As for the results themselves, revenue for the quarter was €396 million, against forecasts of €415 million.
For context of their relative financial worth, Apple yesterday posted first quarter revenues of €52.3 billion, a factor greater of about 110 to 1.
Average monthly active users of Twitter totaled 302 million in the first quarter, up 18% from the prior year and up from 288 million in the previous quarter.
Average mobile monthly active users were 80% of the monthly active user total, indicating a user base of about 375 million people worldwide.
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I’m amazed animal circuses are still legal in so called civilised countries.
@Sheldon: As long as those uneducated in the cruelty imposed on circus animals continue to pay to attend circuses, these cruel businesses will continue to exist.
Some people are still of the opinion, even in 2018, that attending a circus is a ‘Great day out’.
Further education is needed.
@Sheldon: In a country where traumatising and torturing a bull is a national pastime, I would imagine concern for the welfare of circus animals is non-existent.
@Karen Lord: Bullfighting isn’t even popular over there. It relies on heavy subsidies from the State to stay in business because most Spanish think it is as disgusting as we do? Can we talk though? We round up wild hares and terrorize them every year in hare coursing events.
@Sean: and fox hunting
@Sean: look at the popularity of events like San Fermín. There’s clearly a significant portion of the population that isn’t too concerned about animal welfare.
@Sheldon: my thought exactly!they should be banned.
Why o why is it permitted to have these wonderful animals caged up, it astonishes me that Ivory sales have been banned since 1947 and yet society permits the abuse of these animals in circus’s it’s outrageous, perhaps the EU might consider doing something useful for a change and ban this practice across Europe
This is just desperately sad. A huge trauma for these poor noble creatures in their already miserable existence. Big sigh.
D dead 1 had a lucky escape from captivity.
Sad
We need to ban circuses from using animals. It’s just appalling that a beautiful animal died in such a manner today.
@Catherine Sims: dreadful but at least now he wont have to suffer performing any more
@Mary Oliver: He is dead though. Dead is never a better alternative. He might not be performing but he or she isn’t doing anything anymore.
Their journey was truncated.
@Minom Pnnomm: Man child
Can people like myself who eat meat even complain about this? Look how livestock are treated. Just because it’s elephants probably should not mean that some animals are more equal than others.
@Kevin Kirkpatrick: it’s because we have some weird grading based on how sentient the animal is. In other words if the animal is clever and capable of emotion we show treat it better than we do say chickens. Of course when this so called system was evolving animals like pigs were considered to be very dumb. Recent findings of how intelligent these animals are is just conveniently ignored.
@Catherine Sims: Pigs are at least as smart as dogs. I find it hard to take outrage at incidents like this seriously when people don’t seem to have a problem with how our meat is produced.
@Kevin Kirkpatrick: agreed. I don’t eat meat but I can understand the difference between eating meat for subsidence and just using animals for entertainment. Either way, animals in the meat industry should be treated better and transport of live animals should be barred. Ban Halal meat for a start.
@john Appleseed: I don’t eat meat either but our meat Industry for the most part is not the horror story it is in other countries . Apart from bacon maybe. We are better are looking after our animals produced for food. That not an excuse as I said I don’t eat meat. There is also a huge movement on having wild animals in captivity at all. Animals like elephants should be roaming around d their natural environments in Africa and India. The problem is of course animals are still hunted to extinction and zoos are important for their breeding programs. It’s a huge issue with many layers.
This just makes my blood boil!!. There should be a complete ban on animals in circuses. Don’t even get me started on the way farmers treat their animals. It’s an absolute disgrace and nothing is said about it. From a chicken to an elephant, they should all be given respect.
5 elephants in 1 truck….
By the way I have been a vegetarian for the past 30 years.
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