Snapchat Misses Already Lowered Q2 Expectations, Stock Plummets
that it expected to miss Q2 revenue and earnings guidance provided one month earlier, saying “the macroeconomic environment has deteriorated further and faster than anticipated.”
Snap previously called out factors that it expected to depress ad revenue in Q2, including “inflationary pressures and the impact of rising interest rates” as well as the ongoing impact of Apple’s iOS privacy update that requires users to double opt-in to allow ad tracking.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pre-Snap Reads 7/20: How well will Cody Barton play this year?Read!
Read more »
Italy's president dissolves parliament, triggering snap election following Draghi's resignationItaly's President Sergio Mattarella says he will dissolve parliament, triggering a snap election, after Prime Minister Mario Draghi resigned
Read more »
Pre-Snap Reads 7/21: Tyler Lockett ranked top 10 slot receiverRead!
Read more »
Ambassador David L. Cohen on what he misses about Comcast and why Pa. should trade more with CanadaRepresentatives of the Chamber of Commerce for Greater Philadelphia and its board will lead a delegation to the U.S. Embassy in Canada, where Philly power player David L. Cohen serves as U.S. Ambassador to Canada.
Read more »
Italy Could Be Headed for a Troubling Snap Election. And Bond Markets Are on High AlertDraghi is to address parliamentarians Wednesday morning, but it is unclear whether he will stay in power.
Read more »
‘Would Take Hell Of A Lot More Than This To Snap Cable,’ Reports Jumping Man In ElevatorMILWAUKEE—Following numerous reports of riders looking concerned, bystanders were reportedly assured Wednesday that it would take a hell of a lot more than this to snap the cable, according to a man jumping in the elevator. “These cables are built to handle a little turbulence like this, no problem,” said local man…
Read more »