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.
কার্দাশিয়ানের যত টাকা | 1022210 | কালের কণ্ঠ
kalerkantho.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kalerkantho.com Daily Mail and Mail on Sunday newspapers.
ইনস্টাগ্রাম থেকে ভিডিও ডাউনলোড করার সহজ একটি পদ্ধতি
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
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.