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Snap pops more than 16% on earnings beat and user growth

12 days ago   |   By Up Worthy

Snap on Thursday reported its second quarter earnings, beating expectations across the board for earnings, revenue and user growth.
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Twitter's Daily Active User Base Rises 11% In Q2 As Social Media Firm Tops Estimates

12 days ago   |   By Deadline

Twitter exceeded Wall Street forecasts in the second quarter despite a slight downturn in users compared with the previous quarter. Total revenue of almost $1.2 billion and diluted earnings per share of 8 cents both came in well ahead of expectations. The company's daily active user base was 206 million as of the June 30...
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Snap Posts Record Revenue as Snapchat Adds 13 Million Users in Q2

12 days ago   |   By The Wrap

Snap Inc.'s strong run over the last year continued on Thursday, with the Snapchat parent company reporting a massive jump in Q2 revenue and another quarter of better-than-expected user growth. The big quarter sent Snap's stock price soaring in after-hours trading, putting the company within striking distance of hitting a new all-time high.
The first thing to know: Snapchat added 13 million daily users during Q2, pushing the company to 293 million daily users overall; analysts were looking for the company to add about 10 million during the quarter.
But investors are likely just as...
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Snap Stock Soars 13% On Blowout Quarter; Daily Active Users Hit 293 Million

12 days ago   |   By Deadline

Snapchat parent Snap stock surged 9% Thursday as the company reported a blowout second quarter with beats on the top and bottom line and for daily active users, which hit 293 million - up 23% or 55 million from the year ago. DAUs at the end of the first-quarter were 280 million. The name of...
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Twitter Surpasses 200 Million Daily Users, Beats Q2 Earnings Projections

12 days ago   |   By The Wrap

Twitter on Thursday reported it added 7 million new daily users during the second quarter - pushing the company past the 200 million DAU threshold - while also topping Wall Street's Q2 earnings estimates.
The San Francisco-based company now has 206 million DAUs overall.
Twitter reported $0.20 earnings per share - well above the 7 cent EPS analysts had projected - while its revenue of $1.05 billion was in-line with analyst expectations.
“As we enter the second half of 2021, we are shipping more, learning faster, and hiring remarkable talent,” Twitter CEO Jack Dorsey said in a statement...
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