Snap’s Third Quarter Earnings – Facebook’s Spectre Continues to Lose Potency
https://wccftech.com/snaps-third-quarter-earnings-facebooks-spectre-continues-to-lose-potency/
Snap (NYSE:SNAP), the company behind the popular Snapchat platform, posted solid financial results today for the third quarter of 2019. The company surpassed consensus expectations regarding key metrics including those for the Daily Active Users (DAUs).
“We delivered strong results this quarter, and we are pleased that the investments we have made are continuing to drive the growth of our community and our business. We are a high growth business, with strong operating leverage, a clear path to profitability, a distinct vision for the future, and the ability to invest over the long term,” said the company’s CEO Evan Spiegel on the occasion.