Snap Jumps After Earnings Beat, Solid Overall Financials

Snap Jumps After Earnings Beat, Solid Overall Financials

6 years ago
Anonymous $oIHRkISgaL

https://wccftech.com/snap-jumps-after-earnings-beat-solid-overall-financials/

Snapchat (NYSE:SNAP) today came out with a very surprising quarterly report. Critics in the past have worried about Snap keeping user engagement up, keeping the users coming back and keeping them using the application, which is declining in some areas while growing in others, leading investors to boost the stock up in after hours trading although it has since levelled back to around the closing price.

Loss per share: 14 cents a share, whereas Thomson Reuters consensus estimate as 17 cents loss per share.

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