LIVE: Snap Q4 earnings
Snap
Here's what Wall Street is expecting, according to Bloomberg analyst estimates:
- EPS (adjusted): -$0.16
- Revenue: $252.8 million
Snapchat announced last year that it would redesign its app in order to help juice user growth and make it easier to use for newcomers. But that was three months ago, and the redesign still hasn't rolled out to most users. It was originally supposed to launch last December, Business Insider first reported. The company will also allow users to embed content from stories on the web, the first time Snap has formally allowed content to be shared outside the core app.
Snap appears to be exploring alternative revenue streams beyond advertising in Snapchat. Last week it began selling Snapchat merchandise like T-shirts, dancing hot dog plush dolls, and hats inside the app.
Business Insider will be covering the results live as they roll in, so hit refresh or click here for the latest details.
Get the latest Snap stock price here.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- Catan adds climate change to the latest edition of the world-famous board game
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- Tired of blatant misinformation in the media? This video game can help you and your family fight fake news!
- JNK India IPO allotment – How to check allotment, GMP, listing date and more
- Indian Army unveils selfie point at Hombotingla Pass ahead of 25th anniversary of Kargil Vijay Diwas