. The company reported earnings of one cent per share on an adjusted basis, which was ahead of the 5-cent loss expected by analysts surveyed by Refinitiv. Revenue came in at $679 million, which exceeded expectations of $555.9 million. Snap said it had 249 million daily active users during the quarter, ahead of the 244.12 million expected by analysts polled by FactSet.
— shares of the company rose more than 1% after the semiconductor name beat top- and bottom-line estimates during the third quarter. The company earned $1.45 per share on revenue of $3.82 billion. Analysts surveyed by Refinitiv expected earnings of $1.28 per share and $3.45 billion in revenue.for exclusive insights and analysis, and live business day programming from around the world.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks in Japan to open higher as investors await China's GDP dataInvestor focus on Monday will be on China's GDP print for the third quarter, as well as industrial production and retail sales data for September.
Source: CNBC - 🏆 12. / 72 Read more »
Cinema Stocks Rise as Wall Street Reacts to New York Reopening PlanMovie theater stocks rose in Monday pre-market trading as Wall Street weighed in on the weekend news that New York cinemas outside of New York City will be allowed to reopen at limited capacity. 'This represents a more meaningful move toward reopening.' It’s too late. cuomokilledthemoviestar. Even the School of Visual Arts Theatre in Manhattan?
Source: THR - 🏆 411. / 53 Read more »
Wall Street debates whether the sports betting market will be big enough to support the stocksNew for subscribers: Wall Street debates whether the sports betting market will be big enough to support the stocks Check out CNBCPro today. Pro WHY do LITTLE CHINESE GIRLS......RUN in TERROR when they see HUNTER? Pro I am trying to help my kids, everyone and the economy at the same time. As a researcher I have a deep passion for education, even though I have dyslexia and didn't do good in school myself🤦♂️ 🤔Education and upskill retaining, should be the 1 priority for our economic recovery. Pro Micro-credentials are being used everywhere now, they are the tools that companies are going to, so people looking for work or employees wanting to advance, can properly present their skills to employers.
Source: CNBC - 🏆 12. / 72 Read more »
Japan stocks set to decline; China's latest benchmark lending rate aheadChina's latest one-year and five-year loan prime rates (LPRs) are set to be out at around 9:30 a.m. HK/SIN on Tuesday. A majority of traders and analysts in a snap Reuters poll expect no change in either the one-year LPR or the five-year rate.
Source: CNBC - 🏆 12. / 72 Read more »
20 stocks to help you play a big ‘restocking’ of consumer goods, according to JefferiesHere are 20 stocks to help you play a coming big 'restocking' of consumer goods
Source: MarketWatch - 🏆 3. / 97 Read more »
Asian stocks dip as U.S. political concerns growAsian stocks slipped on Tuesday as investors adjusted risk exposure heading into the U.S. election and as a deadline for Washington to pass an economic stimulus bill approached while Europe reported record daily coronavirus infections.
Source: Reuters - 🏆 2. / 97 Read more »