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Tuesday, 7 November 2017

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

Tuesday, 7 November 2017 by Muhammad Ifzal

 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



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