• Snap had its best quarter in four years

    1 month ago - By TechCrunch

    If you've started using Snapchat more regularly this year, you're not alone. At yesterday's Q2 earnings call, Snap CEO Evan Spiegel announced that the platform grew both revenue and daily active users at the highest rates it has achieved in the last four years. Snapchat now has 293 million daily active users, growing 23% since last year.
    Snap went public in 2017 with a $24 billion valuation , but not long before then, the ephemeral photo sharing app experienced a massive hiccup: Instagram cloned their then-unique Stories feature. After Instagram Stories launched, Snapchat's growth slowed...
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  • Intel beats Q2 expectations behind 33% increase in PC unit sales

    Intel beats Q2 expectations behind 33% increase in PC unit sales

    1 month ago - By Windows Central

    Intel beat its own expectations and those of experts behind an increase in PC unit sales.
    What you need to know
    Intel reported a 33% uptick in PC unit sales in Q2 compared to the same quarter last year.
    The company beat its expectations and those of experts in Q2.
    Despite beating expectations, Intel's stock fell by 2% due to guidance regarding the third quarter of this year.
    Intel shared its second quarter earnings yesterday. The company saw a 33% increase in PC unit sales, which helped it beat its own expectations for the quarter. Intel also passed the expectations of experts for Q2...
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  • Snap Smashes Q2 Expectations, Stock Takes Off

    1 month ago - By Hi Tech Edge

    Snap, the company behind Snapchat, reported its Q2 results, smashing expectations for revenue and subscriber growth.
    Snap turned in one of its best quarters, growing more in Q2 that it has in four years. The company's revenue came in at $982 million, 116% higher than the prior year.
    Even more impressive, the platform's daily active users came in at 293 million, an increase of 23% year-over-year.
    “Our second quarter results reflect the broad-based strength of our business, as we grew both revenue and daily active users at the highest rates we have achieved in the past four years,” said Evan...
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