Tag Archives: SnapChat

Snap announced the company’s second quarter earnings after the closing bell on Thursday, missing Wall Street’s expectations, so shares fell by 23% in after-hours trading.Average revenue per Snapchat user fell 4.5% year-over-year, and the company said it was not providing Q3 guidance given the current financial climate.Snapchat’s earnings follow the …

Facebook’s earnings in the three months ended June 30 beat expectations and posted the fastest revenue growth since 2016. But Facebook shares fell 5% in after-hours trading after the social media company said it expects revenue growth to slow in the coming quarters. And earnings per share came to $3.61, …

Social media platforms, Facebook and Instagram, will impose a suspension on the official accounts of the President of the United States, Donald Trump, for at least two weeks, until the end of his presidency term, the CEO of Facebook Inc. Mark Zuckerberg revealed. This comes after Facebook and Instagram, as …