Shares in Snapchat parent company soar after topping revenue, user growth estimates

theglobeandmail.com/business/technology/article-shares-in-snapchat-parent-company-soar-after-topping-revenue-user

Shares in Snap SNAP-N jumped nearly 25 per cent in on Friday after targeted ads and new features helped the owner of the photo messaging app beat Wall Street expectations for first-quarter revenue and user growth.
The Snapchat parent now expects second-quarter revenue between $1.23-billion and $1.26-billion, above analysts’ estimates of $1.22-billion, according to LSEG…

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