SANTA MONICA, Calif. (AP) _ Snap Inc. (SNAP) on Tuesday reported a loss of $199.9 million in its third quarter.
On a per-share basis, the Santa Monica, California-based company said it had a loss of 14 cents. Earnings, adjusted for stock option expense and non-recurring costs, came to 1 cent per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 6 cents per share.
The company behind Snapchat posted revenue of $678.7 million in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $550.7 million.
Snap shares have climbed 74% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $28.41, a rise of 95% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SNAP at https://www.zacks.com/ap/SNAP
News from The Associated Press, and a taste of the great journalism produced by AP members and customers. Managed 24/7 by these editors: apne.ws/APSocial
Read more ›
Source: http://oklahoman.com/article/feed/10106556/snap-3q-earnings-snapshot
Earnings, Share, Stock
World news – US – Snap: 3Q Earnings Snapshot
CSS Engineering s’implique dans les projets de chaque client comme si c’était les siens. Nous croyons qu’une société de conseil devrait être plus que d’un conseiller. Nous nous mettons à la place de nos clients, pour aligner nos incitations à leurs objectifs, et collaborer pour débloquer le plein potentiel de leur entreprise. Cela établit des relations profondes et agréables.
Nos services:
- Création des sites web professionnels
- Hébergement web haute performance et illimité
- Vente et installation des caméras de vidéo surveillance
- Vente et installation des système de sécurité et d’alarme
- E-Marketing
Toutes nos réalisations ici https://www.css-engineering.com/en/works/
