Snap Shares Skyrocket on Better-Than-Expected Earnings, User Growth Still Flat

Snapchat still isn’t growing, but investors didn’t care much about that Tuesday: Snap’s share price rose 18% in after-hours trading after Snapchat’s corporate parent reported much better-than-expected earnings for the holiday quarter. Snap generated revenue of $389.8 million in Q4 of 2018, compared with $285.7 million during the same quarter last year. The company’s net […]

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