Snap Inc.’s shares rose more than 6% after the social-media company posted first-quarter results that surpassed analyst estimates in a volatile day for tech stocks.
The parent company of Snapchat did announce an adjusted break-even quarter. FactSet analysts had expected an adjusted net loss of 5 cents a share in Q1. A key metric, Snap’s average daily active users , which measures user growth that helps the company determine how much it is able to charge for advertising, outperformed estimates. Snap reported DAUs jumped 22% to 280 million, compared to the 274.6 million forecast by FactSet.Snap offered second-quarter revenue guidance of $820 million to $840 million, compared to the $824 million estimated by FactSet.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut: