Twitter says it can no longer predict, with any certainty, how its finances are going to look in the coming months. The company told investors that it was withdrawing its guidance as a result of the COVID-19 pandemic. For a platform that ties its future into covering the big events of the day, the coronavirus could hit the company very hard.
One of the 'joys' of covering Twitter's financial presentations is the conference call that takes place afterward. CEO Jack Dorsey and CFO Ned Segal answer questions from analysts at big American banks about things like CAC and Run-Rate. One common theme is how much weight Twitter puts in events, which Segal says drive's Twitter's growth. But with the company now facing stringent targets, how is it going to cope when all of those events stop happening?