Snap Inc. Announces Third Quarter 2018 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Credit Suisse Reiterates Outperform on Snap (SNAP) Following 3Q Report
October 26, 2018 10:06 AM EDTCredit Suisse analyst, Stephen Ju, reiterated an Outperform rating and $12.00 price target on Snap Inc (NYSE: SNAP) following the company's 3Q earnings report. Snap reported revenue of $297.7mm vs. consensus of $283.4mm. Adjusted EBITDA was ($138.4)mm vs. consensus of ($169.5)mm.
Snap also issued 4Q18... More
Snap Inc (SNAP) PT Lowered to $8 at RBC Capital
October 26, 2018 7:37 AM EDTRBC Capital analyst Mark Mahaney lowered the price target on Snap Inc (NYSE: SNAP) to $8.00 (from $16.00) while maintaining an Outperform rating.
The analyst commented, "Q3 Revenue & EBITDA results came in better than RBC/Street ests, and the Q4 Revenue/EBITDA Guides... More
Snap (SNAP) Tops Q3 EPS by 2c, Revenues Beat
October 25, 2018 4:11 PM EDT(Updated - October 25, 2018 4:13 PM EDT)
Snap (NYSE: SNAP) reported Q3 EPS of ($0.12), 2 cents better analyst estimate of ($0.14). Revenue for the quarter came in at $298 million versus the consensus estimate of $283.21 million.
Our community grew 5% year-over-year to 186 million Daily Active Users. DAUs were down 1% compared to the prior quarter.We launched Snap Original Shows and the debut of serialized Shows, our first slate of exclusive scripted Shows and docuseries.In Q3, 21 unique Shows in Discover reached a monthly active audience of over 10... More