Snap Stock Plummets 25% After Ios Ad Tracking Changes Hit Revenue

Snapchat's parent company crossed $1 billion in quarterly revenue for the first time ever, but worse-than-expected earnings and a forecast of more headwinds to come led its stock to crash on Thursday.

Topics:  snap   stock   ad   revenue   
BING NEWS:
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    (Reuters) - Shares of Snap Inc plunged on Friday, dragging down other ad-dependent tech firms, after the photo messaging app owner warned of a prolonged hit from Apple Inc's privacy changes on iOS ...
    10/22/2021 - 1:17 am | View Link
  • Snap Says iOS Privacy Changes Hit Harder Than Expected, Stock Plummets Following Q3 Earnings
    The third quarter of 2021 marked the first full quarter in which Apple’s App Tracking ... iOS platform, which allows users to opt out of ad tracking, that hurt Snap’s ad business. (THR) Snap ...
    10/22/2021 - 12:59 am | View Link
  • Snap stock plummets 25% after iOS ad tracking changes hit revenue
    making it more difficult for our advertising partners to measure and manage their ad campaigns for iOS," he said. By Rishi Iyengar, CNN Business Updated 2224 GMT (0624 HKT) October 21, 2021 (CNN ...
    10/21/2021 - 8:08 pm | View Link
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BING SEARCH:
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  • Snap stock plummets 25% after iOS ad tracking changes hit ...
    Snap stock plummets 25% after iOS ad tracking changes hit revenue Bloomberg via Getty Images Gabby Jones/Bloomberg/Getty Images Snapchat's parent company crossed $1 billion in quarterly revenue ...
    11/24/2021 - 2:29 am | View Website
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    Snap Q3: $1.07B revenue, up 57% YoY, vs. $1.10B est., DAUs up 23% to 306M, net loss down 64% to $72M, blames iOS ATT changes for revenue miss; stock down 20%+ — - Snap reported its third-quarter earnings on Thursday, missing revenue expectations after Apple's iPhone privacy changes disrupted its advertising business.
    11/23/2021 - 1:07 pm | View Website
  • Snap's stock plummets by 22% as Apple’s iPhone privacy ...
    Snap's stock plummets by 22% as Apple’s iPhone privacy changes hit its advertising business ... including changes to advertising tracking on iOS and macroeconomic factors that have impacted our ...
    11/22/2021 - 10:20 pm | View Website
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