Snap Inc. Reports First Quarter 2017 Results
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Snap (SNAP) Looks a Lot Like Twitter in the Early Going, but Results 'Not Thesis-Changing.. Way Too Early' - RBC
May 11, 2017 7:33 AM EDTRBC Capital analyst Mark Mahaney weighed in on Snap Inc (NYSE: SNAP) following its first quarter as a public company and colcludes the company looks a lot like Twitter so far. "TWTR shares collapsed 24% on its first EPS print... So too did SNAP," he mentions. However, he strongly argues against Q1 results being... More
Snap Inc (SNAP) PT Lowered to $15 at Susquehanna; Facebook Making Life Difficult
May 11, 2017 6:39 AM EDTSusquehanna lowered its price target on Snap Inc (NYSE: SNAP) to $15.00 (from $22.00) while maintaining a Neutral rating.
"... FB appears to be making life difficult out of the gate for monetization and user growth," analyst Shyam Patil said.
The firm is lowering 2017... More
Snap (SNAP) Misses Q1 EPS, Revs
May 10, 2017 4:03 PM EDTSnap (NYSE: SNAP) reported Q1 EPS of ($2.31), which may not compare to the analyst estimate of ($0.19). Revenue for the quarter came in at $149.65 million versus the consensus estimate of $157.98 million.
Daily active users (DAU)(1) DAUs grew from 122 million in Q1 2016 to 166 million in Q1 2017, an... More