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%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

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...

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »

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.'
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »