As Evan Spiegel prepares to launch a redesigned Snapchat meant to draw new users and boost growth, the app's parent company reported its best quarter yet since its public debut. Snap added almost 9 million daily active users in the last quarter, the most since the third quarter of 2016, pumping its daily user base to 187 million.
Eyes will be on expectations that Snap added 6M users to reach 184M (16% Y/Y growth). Revenue per user rose 46 percent from a year earlier to $1.53, while cost of revenue per user rose 5 percent to $1.02. More importantly, revenue was up 72 percent year-on-year to $285.7 million, compared to the estimate of $253 million.
Excluding items, Snap reported a loss of 13 cents in the quarter. He also cited improvements to the company's Android app as part of the reason DAU numbers have risen, saying "people who try Snapchat on Android are much more likely to stick around and become Daily Active Users". Last year, the app surpassed both Instagram and Facebook in terms of total users in the 12-to-17 and 18-to-24 age groups, according to data from eMarketer. "Compared to the old design, core metrics around content consumption and time spent in the redesigned application are disproportionately higher for users over the age of 35, which bodes well for increasing engagement among older users as we continue to grow our business". Snap's new 8.9 million users will help, but the company will need to keep up the pace in order to thrive.
"Snap benefited from some of the seasonality that's expected during the holidays as advertisers heavy up but also saw some new brands come in and test the platform", Goldman says.
Kyrgios appeared to be struggling with a right elbow ailment, taking a time-out for treatment while leading 4-3 in the second set. Kyrgios went into the match full of expectation after an impressive win over Jan-Lennard Struff in Friday's opening singles.
Espanyol will be roared on by their own fans, but they know that the visitors are the favourites to win this game. Maybe it should have been directed at the club or its owners for not reporting certain things.
The appeals court rejected the lower court's view that corporate succession was one of the issues at stake. Monday's ruling marked a mitigated sentence compared to a lower court ruling on August 25th of past year .
Public transport in the town which is located about 200km east of Rome has been halted and pupils are being kept in schools. They are running against Matteo Renzi's much-splintered center-left Democratic Party and the populist 5-Star Movement.
Fans and experts intensified their questioning as to why Rahane wasn't playing and why Rohit Sharma was being preferred over him. The Indian skipper is also just 6-catches short of completing a century of catches in the ODI format.
XOM stock is now showing downward return of -1.39% throughout last week and witnessed rising return of 4.38% in one month period. The High Revenue estimate is predicted as 80.83 Million, while the Low Revenue Estimate prediction stands at 69.07 Million.
Proposed modification of some submarine-launched nuclear warheads to give a lower-yield or less powerful detonation. But in Sunday's statement, Ren accused the United States of " presumptuous speculation " about China's intentions.
With Legkov and the other 27 having their Sochi results reinstated Russian Federation roared back to the top of the medals table. Instead of a lifetime ban, they will be barred only from competing in this month's Winter Games at Pyeongchang.
Little place for arms control in Trump's nuclear strategy
Critics, on the other hand, said Kono's words highlighted Japan's dependence on the United States nuclear umbrella. Iranian president Hassan Rouhani said the USA was "talking about new weapons to threaten or use against rivals".
Fiji win inaugural Hamilton Sevens
Fiji battled through a tough quarterfinal against Samoa‚ winning 12-10 before seeing off NZ 14-12 in their semi-final. England beat Russian Federation 47-0 and Papua New Guinea 27-0 before falling to South Africa in the pool decider.
Mets, Todd Frazier agree to two-year deal
In his lone full season on the South Side, Frazier set a career high with 40 homers but slipped to.225/.302/.464/107 OPS+. Frazier is just a few years removed from back-to-back all-star appearances in 2014 and 2015 while with the Reds .
Kathleen Hartnett White's nominee withdraw by White House
He said the Council on Environmental Quality should have a "thoughtful environmental and public health champion" to lead it. The official was not authorised to discuss personnel decisions by name and spoke on condition of anonymity.
Breast cancer treatment increase heart disease risks
She says oncologists and cardiologists need to work together closely to give patients the best chance against both diseases. Mehta said. "For older women , (cardiovascular disease) poses a greater mortality threat than breast cancer itself".
Militants in Syria Down Russian Fighter Jet, Kill Pilot
A Syrian militant in the area told The Associated Press that the Russian pilot was shot and killed when he resisted capture. Meanwhile, five more Turkish soldiers were killed on Saturday during their operation against Kurdish militia in Syria.
The Groundhog Has Spoken: Six More Weeks of Winter!
The tradition's roots are tied to the Christian holiday of Candlemas Day, celebrated every year on February 2. Groundhog Day enthusiasts descended on Punxsutawney, PA , for the 132nd edition of the annual tradition.