Snap restarts user growth with original shows, Android overhaul

Snap is heading in the right direction again. The company revealed in its earnings release today that its daily user base has grown by 4 million people globally. It now has 190 million daily active users, up from the 186 million people who had consistently been using the platform for the last two quarters. This updated number is still 1 million people short of Snapchat’s peak user base since it went public in 2017, but this is still good news for Snap. Snapchat CEO Evan Spiegel said in prepared remarks that the platform reaches more 13- to 34-year-olds in the US than Instagram, but didn’t elaborate on why or how its user base suddenly grew. He says Snapchat reaches 75 percent of 13- to 34-year-olds and 90 percent of 13- to 24-year-olds.... Continue reading…

Snap restarts user growth with original shows, Android overhaul

Snap Inc's original shows and rebuilt Android app helped it add Snapchat users for the first time in three quarters and beat analyst revenue expectations, but that was not enough to push its ...

Tue 23 Apr 19 from Reuters Technology

Snapchat beats Wall Street predictions with user growth for first time in a year

Shares closed the day up 4% at $11.99 while revenue increased 39% to $320m in the first quarter of 2019Snapchat announced user growth on Tuesday for the first time in a year, beating Wall Street ...

Tue 23 Apr 19 from Guardian.co.uk

Snapchat’s user base is growing again

Snap is continuing a slow but steady climb back to growth. In its Q1 2019 earnings, the company announced it had 190 million daily active users, up 2.2 percent compared to last quarter's ...

Tue 23 Apr 19 from Engadget

Snap makes a comeback after the release of its rebuilt Android app

Snap is heading in the right direction again. The company revealed in its earnings release today that its daily user base has grown by 4 million people globally. It now has 190 ...

Tue 23 Apr 19 from The Verge

Snap returns to user growth on new shows, Android app; shares jump

Snap Inc on Tuesday beat Wall Street targets for quarterly revenue as its photo-messaging app Snapchat added users for the first time in three quarters, backed by the popularity of its original ...

Tue 23 Apr 19 from Reuters Technology

Snap starts adding users again, stock pops 10%

Snap reported first quarter earnings results after the bell on Tuesday.

Tue 23 Apr 19 from CNN

Snapchat fully rolls out reengineered Android app, boosting usage

After a year of its user count shrinking or staying flat, Snapchat is finally growing again, and more growth is likely on the way. That’s because it’s finally completed the rollout ...

Tue 23 Apr 19 from TechCrunch

Snapchat revives growth in Q1 beat with 190M users & $320M revenue

Snapchat appears to have turned the corner after a year of flat or negative user growth thanks to a strong Q1 2019 earnings report. It reached 190 million daily active users, up from 186 million ...

Tue 23 Apr 19 from TechCrunch

Snapchat CEO Evan Spiegel will reappear at Disrupt SF

He invented modern social media, then had it stolen from him. So how does Evan Spiegel feel about it, and how will he turn Snapchat’s product leadership into a profitable business? We’ll ...

Thu 18 Apr 19 from TechCrunch

Thanks to user bump, Snap stock is spiking after earnings beat

The company is still operating at a loss, but things are looking up. Even though Snapchat’s parent company, Snap Inc, is still operating at a loss, its stock is seeing a big after-hours ...

Tue 23 Apr 19 from Fastcompany Tech

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