Snap Inc (NYSE:SNAP) reported fourth-quarter earnings after the market closed on Tuesday. Here’s a look at the key metrics from the quarter.
Q4 Earnings: Snap’s fourth-quarter revenue increased 5% year-over-year to $1.361 billion, which missed the consensus estimate of $1.38 billion, according to Benzinga Pro.
The company reported quarterly adjusted earnings of 8 cents per share, which beat analyst estimates of 6 cents per share.
Daily active users grew 10% year-over-year to 414 million. The company noted that daily active users increased sequentially and year-over-year on both iOS and Android. Total time spent watching Spotlight increased more than 175% ...