Snap soars the day after its big earnings beat

Snap soars the day after its big earnings beat

6 years ago
Anonymous $v9r5mEH86V

https://www.cnbc.com/2018/02/07/snap-stock-climbing-after-q4-earnings-beat.html

Snap soared in early morning trading Wednesday, shooting up as high as 34 percent after beating Wall Street expectations for Q4.

The company showed a smaller loss per share than analysts expected, and 72 percent revenue growth when it reported earning Tuesday night. The company behind the popular disappearing-message app, Snapchat, also reported better-than-expected average revenue per user of $1.53.