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Snap Inc., Ends Q4 2017 Exceeding Expectations

         

engine

2:09 pm on Feb 7, 2018 (gmt 0)

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Snap Inc., reported Q4 figures exceeding analyst expectations, and, despite the general trend of the stock market right now, its stock was up nearly 25%, and its revenue up to $285.7 million, up 72% from the previous quarter, and up 104% on the year.

It's daily active users was up 8.9 million in the quarter, with it showing 187 million users, up 5% from the previous quarter.

If the stock is up, perhaps the analysts feel it's coming good. [investor.snap.com...]