Source Code: Your daily look at what matters in tech.

source-codesource codeauthorSofie KodnerNoneWant your finger on the pulse of everything that's happening in tech? Sign up to get David Pierce's daily newsletter.64fd3cbe9f
×

Get access to Protocol

Will be used in accordance with our Privacy Policy

I’m already a subscriber
Bulletins

Twitter withdraws its Q1 guidance due to coronavirus.

The company said it's taken a hit to advertising revenue in recent weeks despite also reporting an increase in activity on the app.


In the announcement, Twitter said it expects year-over-year revenue to be slightly down in Q1. It also expects to incur an operating loss for the quarter.

The withdrawal comes as CEO Jack Dorsey faces investor scrutiny over his leadership. Twitter recently struck a deal to keep him as CEO.

Latest Stories