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Snap Climbs as First-Quarter Results Beat Expectations

Snap Climbs as First-Quarter Results Beat Expectations Snapchat s parent narrowed its first-quarter loss as daily active users rose 22% year-over-year to 280 million. Author: Snap  ( SNAP) - Get Report beat Wall Street s first-quarter expectations Thursday as the parent of the Snapchat photography-focused app reported a surge in active daily users. Shares of the Santa Monica, Calif., company at last check were 4% higher at $59.35. Snap reported a net loss of $287 million, or 19 cents a share, compared with a loss of $306 million, or 21 cents, in the year-earlier quarter. Revenue increased 66% to $770 million. Analysts surveyed by FactSet were expecting the company to report a loss of 26 cents a share on revenue of $744 million.

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techtunes.com.bd - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techtunes.com.bd Daily Mail and Mail on Sunday newspapers.

В России запретят ограничивать доступ пожарной технике

В России запретят ограничивать доступ пожарной технике
tass.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tass.ru Daily Mail and Mail on Sunday newspapers.

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