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Snap Shares Soar After Blowing Earnings Estimates Away
Snap may have just turned its story around for the near-term.
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The stock was up 16.76% to $8.22 in post-market trading, after having gained 1.59% in regular hours.
Snap posted an adjusted diluted loss-per-share of 4 cents, beating Wall Street estimates of 8 cents. This is a 65% increase year-over-year, as 2017's fourth quarter saw Snap lose 13 cents per share. GAAP loss-per-share was 14 cents, beating estimates of 19 cents. Revenue was $390 million, beating expectations of $377.48 million. Net loss was $191.7 million.
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https://www.thestreet.com/markets/snap-s...yptr=yahoo
![[Bild: SNAPc1dl1733.png]](https://finviz.com/publish/020519/SNAPc1dl1733.png)
Snap may have just turned its story around for the near-term.
...
The stock was up 16.76% to $8.22 in post-market trading, after having gained 1.59% in regular hours.
Snap posted an adjusted diluted loss-per-share of 4 cents, beating Wall Street estimates of 8 cents. This is a 65% increase year-over-year, as 2017's fourth quarter saw Snap lose 13 cents per share. GAAP loss-per-share was 14 cents, beating estimates of 19 cents. Revenue was $390 million, beating expectations of $377.48 million. Net loss was $191.7 million.
...
https://www.thestreet.com/markets/snap-s...yptr=yahoo
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