Reported 28 days ago
Snap Inc. exceeded analyst expectations in Q3, reporting adjusted earnings of $0.08 per share and revenue of $1.37 billion. CFRA Research analyst Angelo Zino highlighted significant growth in Snap's subscription segment, which now accounts for 8-9% of revenue, contributing positively to the company's performance. Zino also noted the continued increase in Snap's active user base, maintaining a Buy rating on the stock.
Source: YAHOO