A financial services company reportedly took to Twitter to disclose the micro-blogging platform's quarterly earnings about an hour before the company released the details, driving Twitter's stock down around 18 percent.
Selerity broke the news on Twitter by saying that the company missed its revenue expectations and that its users grew, reported The Verge.
Twitter termed the incident a "leak," saying that it halted trading upon discovery and was now probing the source.
Brendan Gilmartin, a Selerity sales executive, however, refused to admit that the revelation was a leak and said that whenever a company is due to release its earnings, they check the company's website periodically to see if the numbers are available. He added that Twitter must have "mistakenly" posted the earnings to the website early as they did make the earnings available on the website.
This is not the first time that Selerity has broke earnings numbers. Forbes said that it did the same thing with Microsoft in 2011 when it posted the earnings early by scraping the company's website.
