News Formal

Snap stock pares back post-earnings gains

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Snap stock surges after user growth beats estimates and losses narrow

Snap Inc. shares were initially up double digits in after-hours trading Tuesday after the company beat user-growth expectations, but the stock gave back most of its gains before its conference call began.

Revenue for Snap rose to $320 million from $230.7 million a year prior. Snap’s revenue came in above the FactSet consensus, which called for $305.7 million. For the current quarter, Snap projects $335 million to $360 million in revenue, whereas analysts had been modeling $346 million.The company added 4 million users in the quarter, bringing its total count up to 190 million and marking the first time in a year that the company grew its daily-active-user count.

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 3. in İT
 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Snap could see a 15% move when it reports earnings, traders sayThe options market implies a post-earnings move of 15% in either direction for the social media giant's stock, and trader Dan Nathan sees more potential risk than reward. OptionsAction buy buy buy up to 20!! j/k this is a dog!!!! OptionsAction This POS is selling off to $7.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Snap to report first-quarter earnings after the bellSnap investors will be looking for signs that last quarter's user growth was no fluke.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »