Twitter reached 300 million users, but stocks crashed after data leak from quarterly report

    Selerity published a message on Twitter with a link to data from the report for the first quarter of 2015, which was not published by this time. A data leak forced the company to issue a report ahead of schedule and ask the New York Stock Exchange to temporarily stop trading, after which the company's shares fell 18%.

    The leak occurred without hacking: the data was publicly available on the page for Twitter investors.

    According to the results of the quarter, the company's revenue amounted to $ 436 million instead of the expected $ 456, reports The Verge . Twitter said in a report that this was due to the acquisition of TellApart technology. In the second quarter of 2015, the company plans revenue of $ 470-485 million, well below Bloomberg's forecast of $ 538 million.

    The monthly active audience of microblogging amounted to 302 million users - Twitter overcame the bar of 300 million. This is 18 percent more than in the fourth quarter of 2014.


    For Selerity, this is not the first experience of publishing data from reports of other companies ahead of time. In January 2011, company employees found Microsoft results an hour before the market closed. And then we were not talking about hacking, because the data was in the public domain, you just had to choose the right link.

    Twitter talks about NASDAQ's fault, which runs Twitter for investors. NASDAQ last week agreed to pay $ 26.5 million to Facebook to resolve the dispute.

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