The news came in Snap Inc.'s fourth-quarter earnings on Tuesday, in which the Santa Monica, California-based social media company beat Wall Street expectations for earnings for the 12th quarter in a row, though the company slightly missed on the revenues front. Snap (NYSE: SNAP) net losses increased $49 million to $241 million, and non-GAAP diluted net earnings per share improved to 3 cents compared to losses of 4 cents a year ago. Read More...
Snap solidifies 2019 turnaround with the addition of 31 million daily users
The news came in Snap Inc.’s fourth-quarter earnings on Tuesday, in which the Santa Monica, California-based social media company beat Wall Street expectations for earnings for the 12th quarter in a row, though the company slightly missed on the revenues front. Snap (NYSE: SNAP) net losses increased $49 million to $241 million, and non-GAAP diluted net earnings per share improved to 3 cents compared to losses of 4 cents a year ago.
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