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Snap Q4 results better than expected, with user base stable, reduced losses

2019-02-06 08:45:00| Telecompaper Headlines

(Telecompaper) Snap, the owner of the Snapchat app, reported revenues for the fourth quarter up 36 percent year-on-year to USD 390 million, better than the company's guidance. Its gross margin improved sharply to 45 percent, and the operating loss narrowed to USD 195 million. The adjusted EBITDA loss reduced to USD 50 million from USD 159 million a year ago, also better than expected, and the net loss was USD 192 million, compared to a loss of USD 350 million in Q4 2017.

Tags: results user base expected

Groups kick back at reduced meat recommendations

2019-01-18 17:34:00| National Hog Farmer

Legislative Watch: Group suggests reducing meat intake; government shutdown continues; FSA offices have limited openings; ag in or out of EU-U.S. talks?

Tags: back groups reduced recommendations

Slow growth forecast reacts to reduced profitability

2018-12-17 18:06:00| National Hog Farmer

It does not appear that the shortfall in this falls hog slaughter has been due to market hogs being backed up on farms. Carcass weights in recent weeks have been even with or below last years level.

Tags: growth reduced slow forecast