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The risk is simply not worth the upside. Brian Wieser, analyst at Pivotal Research Group, wrote that Snapchat is "significantly overvalued given the likely scale of its long-term opportunity and ...
The Snapchat operator wrote in a letter to investors that because it's not clear "how macro economic conditions may evolve in the months ahead, and how this may impact advertising demand more ...
Snap, parent company of Snapchat, kept adding app users in the first three months of the year — reaching a new milestone in Q1 by surpassing 900 million monthly active users globally.The social ...
Analysts surveyed by FactSet expected the Snapchat parent to report a loss of 13 cents a share on revenue of $1.35 billion. In the same period last year, Snap reported a loss of 19 cents a share ...
Snap Q2 2023 sales dropped 4% and while it beat Wall Street estimates, the Snapchat owner's stock fell on a weaker-than-expected Q3 outlook. Plus Icon Film Plus Icon TV ...
Snapchat Tops 900M Monthly Active Users As Revenue Rises, But Warns of Economic “Headwinds” The company also said that it would not to give forward guidance, citing macroeconomic conditions.
Forget selfies. Would you turn to Snapchat for financial management? Well the app is betting on its 100-million strong userbase to do just that, according to a new report. Although Snapchat’s ...
We here at the Mashable business section are not stock pickers. We don't offer financial advice, primarily because we have none to offer aside from investing in yourself (<3 you). We do, however ...
Shares of Snap sank 16% Wednesday, a day after the social media company said it wouldn't provide a current-quarter outlook and plans to cut costs because of "uncertainty" about the future.
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