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.

Snap Inc. Q1 2020 Earnings Infographic

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.

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Weibo (WB) Earnings: 1Q21 Key Numbers

Weibo Corporation (NASDAQ: WB) reported first-quarter 2021 earnings results today. Net revenues increased by 42% year-over-year at $458.9 million and 31% increase on a constant currency basis. Net income attributable

Earnings calendar for the week of May 10

Stock markets rallied amid mixed cues on the health of the labor market, with latest data showing that payrolls grew at a slower-than-expected pace while unemployment claims slipped below the

Apple-Epic legal fight could set a new paradigm for mobile app distribution

These days the tech world is abuzz with the legal battle between gadget giant Apple, Inc. (NASDAQ: AAPL) and Epic Games, which has elicited significant media interest. The trial in

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