2024-04-26 06:24:50 ET
Summary
- Snap's recent earnings report has challenged the belief that the company is failing, surprising investors.
- The company has shown strong revenue growth rates, contradicting the bear thesis.
- Despite some positive signs like revenue growth rates, the ballooning share count gives me pause.
Investment Thesis
Investors had long ago called Snap ( SNAP ) as a dead company walking. And yet, its Q1 2024 results put substantial doubt into the bear thesis....
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Snap Earnings: Snaps Back From The Dead