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Snap is “beating expectations” in its quarterly earnings report with higher-than-predicted profits and user growth, becoming one of the most popular stocks among Millennial investors.

Feb 07 2018

Snap is “beating expectations” in its quarterly earnings report with higher-than-predicted profits and user growth, becoming one of the most popular stocks among Millennial investors. The company is reporting $285.7 million in revenue, compared to the prevous estimate of $252.8 million. Snapchat also now claims 187 million daily users, an 18% jump over last year. They’re speeding up in the race for Millennial & Gen Z users, and the teen-favorite app is increasingly appealing to older users as well. (Mashable, AListDaily)

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