Snap Inc. is scheduled to release its fourth-quarter earnings report after the closing bell on Tuesday, capping a year in which the social media company tripled its share price and turned around user losses. Wall Street is forecasting revenue of $563 million for the quarter, up 44 percent from $390 million during the same time period a year ago. Analysts forecast earnings per share of 1 cent, an improvement over non-GAAP diluted net losses per share of 4 cents in the year-ago period. Read More...
Snap earnings: Will Snapchat’s user turnaround continue?
Snap Inc. is scheduled to release its fourth-quarter earnings report after the closing bell on Tuesday, capping a year in which the social media company tripled its share price and turned around user losses. Wall Street is forecasting revenue of $563 million for the quarter, up 44 percent from $390 million during the same time period a year ago. Analysts forecast earnings per share of 1 cent, an improvement over non-GAAP diluted net losses per share of 4 cents in the year-ago period.
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