Snap surges on earnings revenue beat and Q1 user gains

The coronavirus pandemic has presented plenty of challenges for ad-reliant social networks, but Snap made clear it was not yet feeling significant negative effects with its Q1 earnings release today. Snap surged 17% after-hours on news of its Q1 results after dropping nearly 4% during trading today. The company reported revenue of $462 million in … Continue reading Snap surges on earnings revenue beat and Q1 user gains