+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Snap nailed its fourth quarter earnings, pleasantly surprising investors

Feb 9, 2018, 03:16 IST

Snapchat's parent company Snap beat its projected revenue by over $30 million in its most recent earnings report. The app's growth had slowed down since Snap went public in March 2017, but Snap isn't the only iconic social media company that's struggled with acquiring new users after it went public. As this chart by Statista shows, Twitter experienced similar growing pains during the months following its IPO - which might mean that Snapchat just needs more time to finesse its platform and attract new users.

Advertisement

BI Graphics/Skye Gould

NOW WATCH: This personal airbag could help protect the elderly from hip injuries

You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article