Breaking News

Razer introduces Soma Pro And Soma Sensa HD Haptics Gaming Chairs Noctua introduces NT-CP1 Carbice carbon nanotube thermal pad for AM5 CORSAIR Launches the HX1000i SHIFT CRYSTAL Power Supply GIGABYTE Expands Its Local AI Portfolio with the Launch of AI TOP AERO Powered by NVIDIA RTX SPARK Viltrox Announces Exclusive Deals and Shopping Rewards for Black Friday 2026

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed

Search form

Snap Added 7M Users in Q3

Snap Added 7M Users in Q3

Enterprise & IT Oct 22,2019 0

Snapchat added 7 million daily active users this quarter to hit 210 million, up 13% year-over-year.

Snap, the parent company of photo messaging app Snapchat, also beat on revenue, notching $446 million, which is up a whopping 50% year-over-year, at a loss of $0.04 EPS.

Snap’s third-quarter results also showed large growth in daily active users to 210 million in the period ended Sept. 30, up from 203 million in the prior quarter.

It had 186 million users in the year-ago quarter.

“We are a high growth business, with strong operating leverage, a clear path to profitability, a distinct vision for the future, and the ability to invest over the long term,” said CEO Evan Spiegel.

Spiegel also noted that “We benefited from year-over-year growth in user activity in Q3 including growth in Snapchatters posting and viewing Stories.”

Stories viewership is critical to total ad view on Snapchat.

The other major piece of Snapchat’s ad properties is Discover where total time spent watching grew 40% year-over-year. More than 100 Discover channels saw over 10 million viewers per month in Q3.

Snap estimated fourth-quarter revenue of $540 million to $560 million.

Tags: SnapSnapchat
Previous Post
Intel to Develop 5G technology-based VR/AR Solutions For Olympic Games Tokyo 2020
Next Post
Google Fi’s Dual Connect Technology Offer Better Coverage

Related Posts

  • Snap New Spin on Painting With Damien Hirst Lens

  • Coronavirus Boost Snapchat Use, Company's Revenue

  • 'Here For You' Feature to Support Snapchatters Experiencing an Emotional Crisis

  • Snap Misses Quarterly Revenue Estimates

  • Snapchat’s Bitmoji TV Goes Live

  • Snap Introduces Cameos

  • Snap and Gucci Unveil Limited-edition 3D Spectacles

  • Verizon, Snap to Develop 5G Augmented Reality Experiences

Latest News

Razer introduces Soma Pro And Soma Sensa HD Haptics Gaming Chairs
Consumer Electronics

Razer introduces Soma Pro And Soma Sensa HD Haptics Gaming Chairs

Noctua introduces NT-CP1 Carbice carbon nanotube thermal pad for AM5
Cooling Systems

Noctua introduces NT-CP1 Carbice carbon nanotube thermal pad for AM5

CORSAIR Launches the HX1000i SHIFT CRYSTAL Power Supply
PC components

CORSAIR Launches the HX1000i SHIFT CRYSTAL Power Supply

GIGABYTE Expands Its Local AI Portfolio with the Launch of AI TOP AERO Powered by NVIDIA RTX SPARK
Enterprise & IT

GIGABYTE Expands Its Local AI Portfolio with the Launch of AI TOP AERO Powered by NVIDIA RTX SPARK

Viltrox Announces Exclusive Deals and Shopping Rewards for Black Friday 2026
Enterprise & IT

Viltrox Announces Exclusive Deals and Shopping Rewards for Black Friday 2026

Popular Reviews

Endorfy Thock V2 Wireless Keyboard

Endorfy Thock V2 Wireless Keyboard

SoundPeats Cove Pro

SoundPeats Cove Pro

The Quiet Technology Behind the Spin

The Quiet Technology Behind the Spin

Akaso Brave 8 Lite

Akaso Brave 8 Lite

SoundPeats C30

SoundPeats C30

Kioxia Exceria Plus G3 512GB microSD

Kioxia Exceria Plus G3 512GB microSD

be quiet! Dark Perk Mice

be quiet! Dark Perk Mice

XbotGo Chamaleon

XbotGo Chamaleon

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed