Snap Inc., the parent company of photo-sharing app Snapchat, announces its Q2 2019 financial results after markets close on Tuesday. The Santa Monica-based tech firm's stock has been steadily rising for the last seven months, after hitting record lows in the face of intense competition from Facebook-owned competitor Instagram. Snap's revenues have been growing, and a long-awaited Android redesign is expected to help drive new user growth.
Snap Inc., the parent company of photo-sharing app Snapchat, announces its Q2 2019 financial results after markets close on Tuesday. The Santa Monica-based tech firm's stock has been steadily rising for the last seven months, after hitting record lows in the face of intense competition from Facebook-owned competitor Instagram. Snap's revenues have been growing, and a long-awaited Android redesign is expected to help drive new user growth.