2 Key Takeaways From Twitter's Coronavirus Guidance Update
Twitter (NYSE: TWTR) isn't waiting around until its first-quarter earnings release next month to let investors know how the novel coronavirus has impacted its business. The company on Monday released an update for investors in which it withdrew its original guidance for its first-quarter and full-year financial results.
Twitter was the first major social media and digital advertising company to release an update on the impact of the COVID-19 outbreak. It provides shareholders in other companies in the space some key information about how the pandemic has likely impacted the industry as a whole. Here are the two big takeaways for investors.
Image source: Twitter, Copyright Marisa Allegra Williams (@Marisa) for Twitter, Inc.
Source Fool.com
