Snapchat parent company sees shares surge as improved ad system pays off

Snapchat parent company sees shares surge as improved ad system pays off

6 months ago
Anonymous $6hYC3Wwiad

https://www.theguardian.com/business/2024/apr/25/snapchat-shares-surge-ad-system-impact

Snap’s share surged 21% in after-hours trading as app’s users increased by 422 million, bringing in $1.2bn in revenue

Shares in the owner of Snapchat surged 21% during after-hours trading after the social media group beat Wall Street’s expectations for quarterly revenue and user growth.

Snapchat parent company sees shares surge as improved ad system pays off

Fri Apr 26, 9:19am UTC
https://www.theguardian.com/business/2024/apr/25/snapchat-shares-surge-ad-system-impact > Snap’s share surged 21% in after-hours trading as app’s users increased by 422 million, bringing in $1.2bn in revenue > Shares in the owner of Snapchat surged 21% during after-hours trading after the social media group beat Wall Street’s expectations for quarterly revenue and user growth.