Snap 1Q earnings: Stock price leaps on revenue, daily user growth beat - Business Insider

announced first-quarter earnings after Tuesday's close that topped estimates lowered by fears of a coronavirus-fueled recession.

Snap shares soared as much as 26% in Tuesday trading, reaching their highest level since February 26.Adjusted loss per share:229 million, versus 190 million year-over-year and analysts' 223.8 million estimateWall Street's best-performing fund this year breaks down its long-term strategy that's outsmarting 99% of peers — and shares 7 stocks to buy for a post-pandemic world

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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Netflix and Snap earnings will be different tales of media usage during coronavirusNetflix and Snap are both seeing increased usage, but only one is set to profit from it.
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