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General Community / Snap shares plunge 30% in the wake of quarterly loss, layoffs
« เมื่อ: 9/02/24, 10:12:47 »
Shares of Snapchat parent Snap plunged on Tuesday after the company reported a loss in the final three months of 2023.
Snap reported a net loss of $248 million for the December quarter, an improvement from the same period in the prior year and a narrower loss than Wall Street analysts had expected. Still, shares fell around 30% in after-hours trading Tuesday. แทงบอลufabet
The company also said revenue from the quarter grew 5% year-over-year to $1.36 billion, its second consecutive quarter of revenue gains after two earlier quarters of declines last year.
Snap reported a net loss of $248 million for the December quarter, an improvement from the same period in the prior year and a narrower loss than Wall Street analysts had expected. Still, shares fell around 30% in after-hours trading Tuesday. แทงบอลufabet
The company also said revenue from the quarter grew 5% year-over-year to $1.36 billion, its second consecutive quarter of revenue gains after two earlier quarters of declines last year.
