• Company News: Snap (SNAP) quarterly loss matches analysts' estimate

Notícias do Mercado

22 abril 2020

Company News: Snap (SNAP) quarterly loss matches analysts' estimate

Snap (SNAP) reported Q1 FY 2020 loss of $0.08 per share (versus -$0.10 per share in Q1 FY 2019), in line with analysts' consensus estimate.

The company's quarterly revenues amounted to $0.463 bln (+44.4% y/y), beating analysts' consensus estimate of $0.420 bln.

The company's DAUs (daily active users) were 229 million in Q1 FY 2020, a gain of 39 million or 20% y/y.

SNAP rose to $14.90 (+19.77%) in pre-market trading.

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