Snap Stock Plunges 15% As Revenue Growth Stalls

Snapchat's parent company reported stalled revenue growth and a large net loss for the final three months of 2022, as it confronts tighter advertiser budgets amid broader economic uncertainty.

Topics:  snap   revenue growth   
BING NEWS:
  • Snap beats first-quarter expectations with ad platform improvements
    (Reuters) - Snap beat Wall Street's expectations for quarterly revenue and user growth on Thursday, as improvements to its advertising system delivered results faster than anticipated. The owner of ...
    04/25/2024 - 9:12 am | View Link
  • Snap Posts 21% Revenue Growth, Beating Expectations
    Snap attributed its revenue growth to improvements made in its advertising platform and an increase in demand. (Tiffany Hagler-Geard/Bloomberg News) Snap, the company behind Snapchat, reported a 21% ...
    04/25/2024 - 9:11 am | View Link
  • Here's Why We Think Yum! Brands (NYSE:YUM) Is Well Worth Watching
    It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good ...
    04/16/2024 - 9:15 pm | View Link
  • How much Snap pays employees in the US
    Snap, the company behind Snapchat, is still hiring in the US as its user base grows and some analysts forecast a revenue bounceback in 2024. After laying off 500 employees, or almost 10% of its ...
    04/15/2024 - 6:11 pm | View Link
  • UPDATE 2-Home solutions provider Resideo to buy Snap One in $1.4 billion deal
    Home safety and security solutions provider Resideo Technologies said on Monday it would buy Snap One in a deal worth about $1.4 billion, including debt. The acquisition will help Resideo's ADI unit, ...
    04/14/2024 - 11:19 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Technology News