Snap user number beats Wall Street estimate, shares jump

Snap user number beats Wall Street estimate, shares jump

5 years ago
Anonymous $Dftgs0JzgE

https://www.reuters.com/article/us-snap-results/snap-user-number-beats-wall-street-estimate-shares-jump-idUSKCN1PU2E2

Snap Inc on Tuesday said the number of people using its Snapchat app was flat, beating Wall Street projections that it would continue to lose users to rival Facebook Inc's Instagram, sending the company's shares up more than 15 percent after hours.

Snap user number beats Wall Street estimate, shares jump

Feb 5, 2019, 10:54pm UTC
https://www.reuters.com/article/us-snap-results/snap-user-number-beats-wall-street-estimate-shares-jump-idUSKCN1PU2E2 >Snap Inc on Tuesday said the number of people using its Snapchat app was flat, beating Wall Street projections that it would continue to lose users to rival Facebook Inc's Instagram, sending the company's shares up more than 15 percent after hours.