Snap shares skyrocket on first earnings beat with revived user growth

{rss:content:encoded} Snap shares skyrocket on first earnings beat with revived user growth http://ift.tt/2EOxX0J http://ift.tt/2pl6SgO February 06, 2018 at 10:20PM  Snapchat is starting to turn things around, boosting its sluggish user growth rate and beating Wall Street’s expectations for the first time with today’s Q4 2017 earnings report. It added 8.9 million daily active users to reach 187 million with a quarter-over-quarter growth rate of 5.05% percent in Q4, compared to 2.9 percent in Q3. Revenue was $285.7 million, up 72 percent… Read More