Snapchat share price craters on weak revenue and user growth in Q3 2017

 Snap’s losing streak continued with today’s Q3 2017 earnings report that saw it miss financial expectations and add just 4.5 million users. Snap earned $207.9 million in revenue with a loss of $0.14 per share, compared to expectations of a $237 million in revenue and a loss of $0.15 EPS. The 178 million total daily users equates to a 2.9% quarter-over-quarter user growth rate… Read More

source https://techcrunch.com/2017/11/07/snap-earnings-q3-2017/?ncid=rss