After-Hours Movers: Snap Plunges on Weak Results and Lack of Guidance

StreetInsider2022-07-22

After-Hours Stock Movers:Snap (NYSE: SNAP) 26% LOWER; reported Q2 EPS of ($0.02), versus the analyst estimate of ($0.20). Revenue for the quarter came in at $1.11 billion versus the consensus estimate...

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Comments

  • 小虎一飞冲天
    2022-07-22
    小虎一飞冲天
    Like pls 
  • Pokkypok
    2022-07-22
    Pokkypok
    K
  • Justim
    2022-07-22
    Justim
    👌
  • LimLS
    2022-07-22
    LimLS
    Companies that depends on Ad revenue should see similar bad results. Not too surprising. During Q1, Ad revenue is already seeing a slowdown as companies are trying to cut cost to prepare for possible recession. Cost cutting measures had increased over the last few months with so many companies announcing job cuts and hiring freeze. But not all is doom and gloom. They will be the first few to bounce back when recovery is in sight. So make use of this chance to observe and shortlist the stronger companies. Buy quality, avoid meme/hype.
  • kenong62
    2022-07-22
    kenong62
    Like 
  • JustInvest
    2022-07-22
    JustInvest
    Everything lower and lower[Facepalm] 
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