Snapchat owner Snap Inc. reported its Q3 earnings Tuesday afternoon, beating Wall Street expectations on both revenue and earnings per share.
The company reported revenue of $1.2 billion and an EPS of $0.02. Wall Street had been expecting revenue of $1.11 billion and earnings per share of -0.04. The company also said that its daily
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Snap Q3 2023 Earnings: Revenue Rises 5%, Snapchat Users Grow to 406MSnap, parent company of Snapchat, turned in better results than Wall Street expected for the third quarter of 2023.
Read more »
Snap earnings: What to expect from the Snapchat parentSnap reports third-quarter results after Tuesday’s closing bell
Read more »
Strong Ad Sales Wind Beneath Big Tech EarningsU.S. technology giants are likely to post their strongest quarterly revenue growth in at least a year as their legacy businesses stabilized, but investors looking for signs of a boost from artificial intelligence (AI) may be disappointed.
Read more »
How options traders are setting up for the major tech earnings this weekFour of the so-called 'Magnificent Seven' mega-cap companies will be reporting this week.
Read more »