Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Snapchat revives growth in Q1 beat with 190M users as share price spikes

Snapchat revives growth in Q1 beat with 190M users as share price spikes

FromTechCrunch Industry News


Snapchat revives growth in Q1 beat with 190M users as share price spikes

FromTechCrunch Industry News

ratings:
Length:
6 minutes
Released:
Apr 25, 2019
Format:
Podcast episode

Description

Snapchat appears to have turned the corner after a year of flat or negative user growth thanks to a strong Q1 2019 earnings report. It reached 190 million daily active users, up 2 percent from 186 million in Q4 2018 but still down from 191 million a year ago, in part thanks to its newly reengineered Android app. Snap saw $320 million in revenue and -$0.10 non-GAAP EPS, beating Zack’s consensus estimates of $306 million and -$0.12 EPS, with revenue up 39 percent year-over-year.
Released:
Apr 25, 2019
Format:
Podcast episode

Titles in the series (100)

Listen to articles featured in our daily newsletter, the Daily Crunch, and stay updated on top startup and technology news from TechCrunch.