- Joined
- Oct 16, 2018
- Messages
- 5,029
- Reaction score
- 1,585
Snap beats sales and user estimates
Snap Inc.’s revenue and user growth beat analysts’ estimates in the third quarter, boosted by an increase in downloads of the revamped Android version of its mobile app.
A tepid forecast for the current period, combined with a strong runup in the stock price this year, sent the shares lower in late trading. [Bloomberg]
Snap Inc.’s revenue and user growth beat analysts’ estimates in the third quarter, boosted by an increase in downloads of the revamped Android version of its mobile app.
A tepid forecast for the current period, combined with a strong runup in the stock price this year, sent the shares lower in late trading. [Bloomberg]