Snap Inc. (NYSE: SNAP) reported second quarter 2021 earnings results today.
Revenues increased 116% year-over-year to $982 million.
Net loss amounted to $151.6 million, or $0.10 per share, compared to $325.9 million, or $0.23 per share, last year. Adjusted EPS amounted to $0.10.
Daily active users increased 23% YoY to 293 million.
For the third quarter of 2021, revenue is expected to increase approx. 58-60% YoY to a range of $1.07-1.08 billion.
The quarterly results surpassed analysts’ projections sending the stock soaring over 13% during after-hours.
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Lockheed Martin Corp. (NYSE: LMT) today reported its second-quarter financial results for the period ended June 27, 2021. Net revenues increased 5% to $17.02 billion. Net income for the first
Hasbro, Inc. (NASDAQ: HAS) reported second quarter 2021 earnings results today. Total revenues increased 54% year-over-year to $1.32 billion. The company reported a net loss of $22.9 million, or $0.17
After showing weakness at the beginning of the week, benchmark stock indexes made steady gains even as economic recovery gathered steam. On Friday, the S&P 500 index crossed the 4,400-mark