Home Snap beats outlook in Q3, sees EBITDA turning breakeven in Q4
 

Keywords :   


Snap beats outlook in Q3, sees EBITDA turning breakeven in Q4

2019-10-23 08:32:00| Telecompaper Headlines

(Telecompaper) Snap reported better-than-expected results for the third quarter. The number of active daily users increased by 7 million, and revenues were up 50 percent year-on-year to USD 446 million. Adjusted EBITDA improved to a loss of USD 42 million from a loss of USD 138 million a year ago, and Snap said it expects to reach at least breakeven in Q4.

Tags: turning outlook sees snap

Category:Telecommunications

Latest from this category

All news

»
22.11ONE PIECE 1109
22.1190old
22.11SHIMANO
22.11Hi-STANDARD growing up
22.1111th ANNIVERSARY SPECIAL SET
22.11 3
22.11
22.11MSR LIGHTNING ASCENT25
More »