Snap Inc. (NYSE: SNAP) reported third quarter 2020 earnings results today.
Revenues increased 52% year-over-year to $679 million.
Net loss amounted to $200 million, or $0.14 per share, compared to $227 million, or $0.16 per share, last year. The company reported adjusted EPS of $0.01 versus a loss of $0.04 last year.
Daily active users rose by 18% year-over-year to 249 million.
Due to the uncertainty related to the COVID-19 pandemic, the company is not providing any guidance.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Broadcom Limited (NASDAQ: AVGO) reported first quarter 2021 earnings results today. Total revenue increased 14% year-over-year to $6.65 billion. GAAP net income was $1.3 billion, or $3.05 per share, compared
Retail giant Costco Wholesale Corporation (NASDAQ: COST) reported higher earnings and revenues for the second quarter of 2021. Earnings missed analysts’ expectations, while sales beat. Net profit was $951 million
With the corporate world rapidly shifting to cloud-native computing after the virus outbreak changed work culture and the way businesses operate, technology providers are aggressively innovating their offerings. Hewlett Packard