Categories LATEST
Snap, Inc. Q2 2023 Earnings: Stay tuned for the live earnings call and real-time transcript
Social media platform Snap Inc. (NYSE: SNAP) will be publishing results for the second quarter of 2023 today after the close of markets.
Listen to Snap’s earnings call live and check the real-time transcript
Experts have predicted that the company would report a loss of $0.04 per share for the June quarter, on an adjusted basis, which marks a slight deterioration from the prior-year quarter when it incurred a loss of $0.02 per share. The weak bottom-line forecast reflects an estimated 14.8% fall in revenues to $946.68 million.
In the first quarter, the company posted adjusted earnings of $0.01 per share, compared to a loss of $0.02 per share a year earlier. However, there was a 7% decrease in revenues to $989 million. The top line was negatively impacted by weakness in the North American and European markets.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
