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The risk is simply not worth the upside. Brian Wieser, analyst at Pivotal Research Group, wrote that Snapchat is "significantly overvalued given the likely scale of its long-term opportunity and ...
The Snapchat operator wrote in a letter to investors that because it's not clear "how macro economic conditions may evolve in the months ahead, and how this may impact advertising demand more ...
Snap, parent company of Snapchat, kept adding app users in the first three months of the year — reaching a new milestone in Q1 by surpassing 900 million monthly active users globally.The social ...
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Analysts surveyed by FactSet expected the Snapchat parent to report a loss of 13 cents a share on revenue of $1.35 billion. In the same period last year, Snap reported a loss of 19 cents a share ...
Snapchat Tops 900M Monthly Active Users As Revenue Rises, But Warns of Economic “Headwinds” The company also said that it would not to give forward guidance, citing macroeconomic conditions.
Snap shares soared more the 25% in premarket trading Friday after the Snapchat parent posted quarterly results above analysts' estimates and issued a better-than-expected current-quarter outlook.
Snap Inc. shares slid by the most in six months after the Snapchat owner issued a disappointing earnings outlook, taking away from stronger-than-expected revenue gains in the last quarter.
Los Angeles: Snap shares plunged more than 16 percent on Thursday when a disappointing financial outlook eclipsed a rise in users of the image-centric social network Snapchat. California-based ...
Aug 2 (Reuters) - Shares of Snap (SNAP.N), opens new tab slumped 22% on Friday, after a dour forecast from the Snapchat parent reinforced Wall Street's worries that the company would continue to ...
Shares of Snap sank 16% Wednesday, a day after the social media company said it wouldn't provide a current-quarter outlook and plans to cut costs because of "uncertainty" about the future.
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