Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Snap stock falls nearly 25% after revenue hit by shrinking advertiser budgets

Por: CNN Business October 20, 2022

thumbnail

CNN  —  Snap’s bad year continues. Snap on Thursday reported revenue of $1.13 billion for the three months ending in September, a slight 6% increase from the year prior and less than Wall Street had expected, as the company confronts tightening advertiser budgets in an uncertain economy. In a letter to investors, Snapchat’s parent company said its revenue growth was slowed by several factors, including growing competition and jitters... + full article



Similar News

Snap closing San Francisco office amid restructuring

Fox Business USA Business October 22, 2022

thumbnailSarah Ponczek, Ed Yardeni and Cameron Dawson provide advice to investors on 'Making Money with Charles Payne.' Snap Inc. is as the tech giant embraces a flexible work policy and seeks to cut costs. Our San Francisco location was lightly used by team members following... + más

Snap stock falls nearly 25% after revenue hit by shrinking advertiser budgets | CNN

Snap reports slowest quarterly sales growth ever as advertisers retreat | Los Angeles Times


Snap reports slowest quarterly sales growth ever as advertisers retreat

Los Angeles Times USA Business October 21, 2022

thumbnailSnap Inc. reported its slowest quarterly sales growth ever, saying that a decline in advertising spending continues to drag on results. Its shares plunged more than 20% in late trading. The Santa Monica maker of the Snapchat app said third-quarter sales increased 6% to $1.13... + más

Snap Reports Slowest-Ever Quarterly Growth but Adds New Users | The New York Times

Snap stock falls nearly 25% after revenue hit by shrinking advertiser budgets | CNN


Snap investors, do you still trust Evan Spiegel?

MarketWatch USA Business October 21, 2022

thumbnailThree months ago, amid the beginning of a huge slowdown in the ad business, of the company, even if they sold their stock — protecting themselves. one in five employees. As Snap again reported disappointing results Thursday and saw the stock plunge again, the company decided... + más

Snap Inc. co-founders see their net worths drop over year: report | Fox Business

Snap stock plummets more than 25% as online advertising continues to struggle | MarketWatch


Snap plunges more than 25% on third-quarter revenue miss

CNBC USA Tech October 21, 2022

thumbnailIn this articlewatch nowVIDEO3:0903:09Snap must solve its monetization problem to solve its revenue problem, says Loup's Gene Munster shares plummeted more than 25% in extended trading on Thursday after the social media company reported weaker-than-expected revenue for the... + más

Snap reports slowest quarterly sales growth ever as advertisers retreat | Los Angeles Times

Snap stock falls nearly 25% after revenue hit by shrinking advertiser budgets | CNN


Snap sets off alarm bells in ad-reliant social media sector

Fox Business USA Tech October 21, 2022

thumbnailTech analyst Pete Pachal discusses Snapchat and its plan to lay off 20% of its workforce as they prepare to launch their ad-supported subscription tier on ‘Mornings with Maria.’ Snap Inc shares sank more than 30% on Friday and hit their lowest since the pandemic, after the... + más

Snap reports slowest quarterly sales growth ever as advertisers retreat | Los Angeles Times

Snap closing San Francisco office amid restructuring | Fox Business


Snap stock plummets more than 25% as online advertising continues to struggle

MarketWatch USA Business October 20, 2022

thumbnail“Our revenue growth continued to decelerate in Q3 and continues to be impacted by a number of factors we have noted throughout the past year, including platform policy changes, macroeconomic headwinds and increased competition,” executives said in outlining the results.... + más

Snap reports slowest quarterly sales growth ever as advertisers retreat | Los Angeles Times

Snap closing San Francisco office amid restructuring | Fox Business


Snapchat is about to play the canary in social media's coal mine

MarketWatch USA Business October 18, 2022

thumbnailWhen Snap reports its fiscal third-quarter results Thursday, analysts expect more of the same: Little good news, and a warning for other companies set to follow with their own earnings. “Snap is the worst-performing stock in our coverage universe thus far in 2022,” Brian... + más

How to make money on Snapchat, according to creators | Business Insider

iPhone 14 Pro camera shaking and rattling in TikTok, Snapchat, and other apps [Update: Fix coming next week] | 9to5Mac



About iurex | Privacy Policy | Disclaimer |