Categories AlphaGraphs, Earnings, Technology
A quick look at Snap Inc. (SNAP) Q1 2020 Earnings Results
Photo-sharing platform Snap Inc. (NYSE: SNAP) reported a double-digit revenue growth for the first three months of 2020, despite facing pandemic-related disruptions in the latter part of the quarter. The company’s stock closed Tuesday’s regular trading lower, but gained during the extended session. The bottom-line missed estimates, while revenues beat.
On an adjusted basis, the company reported a loss of $0.08 per share, compared to a loss of $0.10 per share in the first quarter of 2019. Unadjusted loss narrowed to $305.9 million or $0.21 per share from $310.4 million or $0.23 per share last year. At $462 million, first quarter revenue was up 44% year-over-year. There was a 20% growth in daily active users.
Most Popular
AAPL Earnings: Apple’s Q2 sales and profit beat estimates; iPhone sales down 10%
Apple Inc. (NASDAQ: AAPL) on Thursday reported better-than-expected profit and revenue for the second quarter of 2024. There was a 10% decrease in iPhone sales. The gadget giant reported revenues
Shopify (SHOP) is all set to report Q1 2024 results. Here’s what to expect
Over the years, Shopify Inc. (NYSE: SHOP) has steadily expanded its footprint in the online retail market through constant innovation, like the recent launch of a mobile POS device for
eBay (EBAY): A look at how the ecommerce company fared in Q1 2024
Shares of eBay Inc. (NASDAQ: EBAY) were down over 2% on Thursday. The company reported its earnings results for the first quarter of 2024 a day ago, with revenue and