Friday, October 26, 2018

Snap reports Q3 revenue of $298M, vs. $283M estimated, up 43% YoY, and DAUs of 186M, vs. 186.1M estimated, up 5% YoY but down 1% QoQ; stock down 10% after hours (Sara Salinas/CNBC)

Sara Salinas / CNBC:
Snap reports Q3 revenue of $298M, vs. $283M estimated, up 43% YoY, and DAUs of 186M, vs. 186.1M estimated, up 5% YoY but down 1% QoQ; stock down 10% after hours  —  - Wall Street was keeping a close eye on active user numbers for Snap's namesake photo-sharing app, Snapchat, as global social media use plateaus.



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