--- description: Twitter's stock dropped nearly 20% Tuesday afternoon after disappointing quarterly earnings leaked online ahead of their expected release. title: This Tweet Just Made Twitter's Stock Crash Hard image: https://static.time.com/v3/assets/bltea6093859af6183b/blt875e5aac19fce8a0/6987ed59524fc06c31df077e/187298833.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 ---  * [Business](/section/business/) ## Business Update your preferences in [Account Settings](/account/preferences/) Close * [Earnings](/tag/earnings/) ## Earnings Update your preferences in [Account Settings](/account/preferences/) Close # This Tweet Just Made Twitter's Stock Crash Hard  by [Alex Fitzpatrick](/author/alex-fitzpatrick/)  ## Alex Fitzpatrick Update your preferences in [Account Settings](/account/preferences/) Close Apr 28, 2015 8:16 PM CUT  Twitter shares have closed at $44.90 a share on its first day of trading, 73 percent above its initial offering price on November 7, 2013 in New York. Twitter shares have closed at $44.90 a share on its first day of trading, 73 percent above its initial offering price on November 7, 2013 in New York.Anadolu Agency—Getty Images  by [Alex Fitzpatrick](/author/alex-fitzpatrick/)  ## Alex Fitzpatrick Update your preferences in [Account Settings](/account/preferences/) Close Apr 28, 2015 8:16 PM CUT Twitter’s stock dropped nearly 20% Tuesday afternoon after disappointing quarterly earnings leaked online ahead of their expected release. Twitter’s first quarter revenue was $436 million, up 74% year-over-year but widely missing analysts’ estimates of $457 million. The company posted a first quarter loss of $162 million, compared to a $132 million loss a year ago. Twitter also trimmed its second quarter and full-year revenue estimates to ranges below analysts’ expectations. Twitter’s underwhelming results were first tweeted by financial data aggregator Selerity at 3:07 p.m. ET, sparking a massive drop in the company’s stock price. Twitter’s earnings weren’t expected until after the closing bell at 4 p.m. ET. > [](https://twitter.com/Selerity/status/593129551221432320) > [](https://twitter.com/Selerity/status/593129551909224451) > [](https://twitter.com/Selerity/status/593129552584511489) > [](https://twitter.com/Selerity/status/593129553192734720) Selerity later said it found the early results on Twitter’s own investor relations website. > [](https://twitter.com/Selerity/status/593136296236752896) Twitter’s first quarter results do have some hopeful spots, with monthly active users topping 300 million for the first time and revenue from advertising up 72%, the vast majority of said growth coming from mobile devices.  ### See What Your Twitter Profile Looked Like Over the Last 10 Years  2006 Wayback Machine  2007 Wayback Machine  2008 Wayback Machine  2009 Wayback Machine  2010 Wayback Machine  2011 Wayback Machine  2012 Wayback Machine  2013 The Next Web  2014 TIME ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/3839011/twitter-earnings-results/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/3839011/twitter-earnings-results/"},"headline":"This Tweet Just Made Twitter's Stock Crash Hard","datePublished":"2015-04-28T20:16:49.000Z","dateModified":"2026-05-11T04:44:52.749Z","description":"The stock was down nearly 20%","url":"https://time.com/3839011/twitter-earnings-results/","keywords":["Earnings","Tech","twitter","Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/blt875e5aac19fce8a0/6987ed59524fc06c31df077e/187298833.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"Alex Fitzpatrick","jobTitle":null,"url":"https://time.com/author/alex-fitzpatrick/"}],"articleSection":"Business","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/blt875e5aac19fce8a0/6987ed59524fc06c31df077e/187298833.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675,"headline":"TWITTER SHARES HIT THE STOCK EXCHANGE","caption":"TWITTER SHARES HIT THE STOCK EXCHANGE","creditText":"Anadolu Agency—Getty Images","representativeOfPage":true}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"/section/business/","name":"Business"}},{"@type":"ListItem","position":2,"item":{"@id":"/tag/earnings/","name":"Earnings"}},{"@type":"ListItem","position":3,"item":{"@id":"https://time.com/3839011/twitter-earnings-results/","name":"This Tweet Just Made Twitter's Stock Crash Hard"}}]}] ```