Snap Inc (NYSE: SNAP) reported a loss of 9 cents per share on revenue of $454 million for the second quarter of 2020. While the loss was in line with the market’s view, revenue topped the analysts’ expectations. SNAP stock plunged about 10% immediately after the earnings announcement in the after-hours session.
The photo sharing platform didn’t provide guidance for its third quarter of 2020 citing the uncertainties related to the ongoing COVID-19 pandemic and the rapidly shifting macro conditions,
Netflix (NASDAQ: NFLX) has for long been the undisputed king of the streaming space. The streaming industry is seeing massive growth with several new players entering the field. It also
The demand for services that involve minimal human interaction is on the rise as people continue to practice social distancing. Fastenal Co. (NASDAQ: FAST), a market-leading supplier of vending machines,
HEXO Corp. (NYSE: HEXO) reported its third-quarter 2021 earnings results today. Net revenue rose 2% year-over-year to CAD22.6 million. Net loss narrowed to CAD20.7 million from a loss of CAD19.5