Snap Q3 Earnings: Revenues, Users Rise

  • 📰 THR
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

The company also said that its COO, Jerry Hunter, would retire.

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 411. in BUSİNESS

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.
Source: Variety - 🏆 108. / 63 Read more »

Snap earnings: What to expect from the Snapchat parentSnap reports third-quarter results after Tuesday’s closing bell
Source: MarketWatch - 🏆 3. / 97 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.
Source: NEWSMAX - 🏆 16. / 71 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.
Source: CNBC - 🏆 12. / 72 Read more »