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SNAP / Snap Sees Upside Surprise As Quarterly Revenue Rises; Daily Active Users Hit 406 Million

Snap Sees Upside Surprise As Quarterly Revenue Rises; Daily Active Users Hit 406 Million
Snap returned to revenue growth in the third quarter, surprising Wall Street, and clocked gains in daily active users (DAUs), as net losses widened on a restructuring charge amid layoffs. Revenue rose to $1.18 billion from $1.13 billion for the three months ended in September. Net losses widened to $368 million from $359 million. Read More
Posted: Oct 24 2023, 16:33
Author Name: Deadline
Views: 112497

SNAP News  

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Is Trending Stock Snap Inc. (SNAP) a Buy Now?

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By Reuters
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By Proactive Investors
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Snap Inc (NYSE:SNAP) continues to face numerous hurdles, including engagement headwinds, a challenging competitive landscape, advertiser de-prioritiza more_horizontal

SNAP Q3 Earnings Surpass Estimates, Revenues Increase Y/Y

By Zacks Investment Research
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SNAP Q3 Earnings Surpass Estimates, Revenues Increase Y/Y

SNAP's third-quarter 2023 results reflect steady user growth and an increase in Snapchat+ users amid a fall in average revenue per user. more_horizontal


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