Snap Q3 2023 Earnings: Revenue Rises 5%, Snapchat Users Grow to 406M

  • 📰 Variety
  • ⏱ Reading Time:
  • 5 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 5%
  • Publisher: 63%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

Snap, parent company of Snapchat, turned in better results than Wall Street expected for the third quarter of 2023.

Snap, parent company of Snapchat, turned in better results than Wall Street expected for the third quarter of 2023, as the company touted improvements to its ad platform. Overall, Snap posted Q3 revenue of $1.

19 billion, an increase of 5%, and a net loss of $368 million . Analyst consensus estimates
 

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

 /  🏆 108. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

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

Snap earnings: What to expect from the Snapchat parentSnap reports third-quarter results after Tuesday’s closing bell
Source: MarketWatch - 🏆 3. / 97 Read more »

Novartis lifts 2023 earnings forecast for third timeNovartis lifts 2023 earnings forecast for third time
Source: Investingcom - 🏆 450. / 53 Read more »

Alphabet Q3 2023 Earnings: YouTube Ad Sales Jump 12.5% to $7.9 BillionYouTube reported $7.95 billion in ad revenue for Q3 2023, up 12.5%, as parent Alphabet overall topped Wall Street forecasts.
Source: Variety - 🏆 108. / 63 Read more »

General Electric surges on Q3 earnings beat, 2023 profit forecast boostGE Aviation once again powered the group's third quarter top and bottom lines, with GE now forecasting full-year free cash low north of $5 billion.
Source: startelegram - 🏆 248. / 63 Read more »

GM earnings: Automaker withdraws 2023 guidance as auto strikes take tollGeneral Motors CFO Paul Jacobson said the company was pulling its previously announced profit guidance of $12 billion to $14 billion.
Source: therealautoblog - 🏆 528. / 51 Read more »