News Formal

Snap's ad business defied coronavirus fears in Q1 and its stock is popping - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Snap's ad business defied coronavirus fears in Q1 and its stock is popping

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Snap grew its revenue by 44% in the first three months of the year, beating Wall Street targets as its advertising business showed surprising strength amid the coronavirus pandemic.

Snap's stock jumped 18% after releasing its results for Q1 2020. Snap, the parent company of Snapchat, generated $462 million in revenue in Q1, beating analysts' expectations of $421 million.This story is developing...

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:

 /  🏆 729. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Netflix Q1 2020 earnings preview: Here's what 4 analysts are saying - Business InsiderHere's what 4 analysts are saying ahead of Netflix's quarterly earnings — the first to show the impact of coronavirus
Source: BusinessInsider - 🏆 729. / 51 Read more »

Netflix Q1 2020 earnings: analysis, subscribers, revenue, eps - Business InsiderNetflix kicks off media earnings on Tuesday, and Wall Street analysts are expecting social distancing to help boost subscriber growth. I canceled my Netflix 2 years ago. Have not missed it. Joe Exotic should have a share 'Software is eating the world.'
Source: BusinessInsider - 🏆 729. / 51 Read more »