Technology

Snap Q3: revenue up 6% YoY to $1.13B, vs. $ 1.14B est., global DAUs up 19% YoY to 363M, vs. 358.2M est., net loss of $360M, up from $72M YoY; stock is down 20%+ (Jonathan Vanian/CNBC)

[ad_1]

Jonathan Vanian / CNBC:

Snap Q3: revenue up 6% YoY to $1.13B, vs. $ 1.14B est., global DAUs up 19% YoY to 363M, vs. 358.2M est., net loss of $360M, up from $72M YoY; stock is down 20%+  —  – Snap beat analysts’ expectations on earnings per share but missed on revenue.  — The company’s board authorized a stock repurchase program of up to $500 million.



[ad_2]

Share this news on your Fb,Twitter and Whatsapp

File source

Times News Network:Latest News Headlines
Times News Network||Health||New York||USA News||Technology||World News

Tags
Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close