Snapchat hits 218M users but big Q4 losses sink share price
Snapchat still isn’t profitable nearly two years after its IPO. In Q4 2019, Snap lost $241 million on 560.8 million in revenue that’s up 44% year-over-year and an EPS of…
Snapchat beats in Q3, adding 7M users & revenue up 50%
The Snap-back continues. Snapchat blew past earnings expectations for a big beat in Q3, as it added 7 million daily active users this quarter to hit 210 million, up 13%…
Snap CEO isn’t expecting much from Facebook antitrust investigations
Facebook’s relentless feature copy of Snapchat has been seen as one of the chief examples of the company’s competitive overreach, but Snap CEO Evan Spiegel isn’t sure whether antitrust activity…