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LIVE: Here comes Snap's Q3 earnings...Snap Q3 Daily Active Users 186 million, down 1% QoQ (186.8 million expected)
Source: BusinessInsider - 🏆 729. / 51 Read more »
Snap continues to lose Snapchat users, but its revenues rose in the third quarter - Los Angeles TimesSnap Inc. reported a slightly smaller third-quarter loss than analysts expected Thursday, on higher revenues. But daily active users of the company’s Snapchat app continued to shrink, by 2 million users from the previous quarter. That’s why they’re losing users. Too much paid content So just like the la times, minus the revenue.
Source: latimes - 🏆 11. / 82 Read more »
LIVE: Snap stock soars 7% after beating on the top and bottom lineSnap Q3 Revenue $297.7 million ($283.36 million expected) I don't think Snap is going to save the day.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Snap stock falls after user base shrinks again but new ad formats gain steamThe social-media company on Thursday posted better-than-expected financial results for its third quarter, but Snap’s daily-active-user count declined once again, in line with analyst expectations.
Source: MarketWatch - 🏆 3. / 97 Read more »
Snap still can’t make a good Android app, and its stock is paying the priceSnap Inc.’s Android relaunch has been in the works for almost a year, and the company still isn’t ready to say when it will be ready for general consumption. Now, some on Wall Street are growing more impatient with the delay and wondering whether the new app will even matter. Maybe also because it can’t make a profit? Just steal the Android instagram app
Source: MarketWatch - 🏆 3. / 97 Read more »