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The Snapchat Turnaround Is Happening 🚀
Snap shares are soaring on the back of a blowout Q2. User growth has returned, with the company adding 13M DAUs sequentially (most since Q2 '16), and accelerating revenue growth to 48%. Has Evan Spiegel officially defeated Instagram's copycat attempts? Or is this quarter a fluke? Personally, I've never been more bullish on Snap. Users, revenue, gross margins, cash flow and product innovation are all gaining momentum.
Become a #HyperChanger & support us on Patreon to receive the exclusive weekly HyperChange Newsletter!! https://www.patreon.com/hyperchange Â
LINK - Snap on HyperCharts: https://www.hypercharts.co/snapÂ
LINK - Snap IR website: https://investor.snap.com/company-pro...Â
LINK - Snap Q2 2019 Earnings Slides: https://investor.snap.com/~/media/Fil...Â
LINK - Snap Lense Studio: https://lensstudio.snapchat.com/lenses/
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By Gali
4.8
9898 ratings
Snap shares are soaring on the back of a blowout Q2. User growth has returned, with the company adding 13M DAUs sequentially (most since Q2 '16), and accelerating revenue growth to 48%. Has Evan Spiegel officially defeated Instagram's copycat attempts? Or is this quarter a fluke? Personally, I've never been more bullish on Snap. Users, revenue, gross margins, cash flow and product innovation are all gaining momentum.
Become a #HyperChanger & support us on Patreon to receive the exclusive weekly HyperChange Newsletter!! https://www.patreon.com/hyperchange Â
LINK - Snap on HyperCharts: https://www.hypercharts.co/snapÂ
LINK - Snap IR website: https://investor.snap.com/company-pro...Â
LINK - Snap Q2 2019 Earnings Slides: https://investor.snap.com/~/media/Fil...Â
LINK - Snap Lense Studio: https://lensstudio.snapchat.com/lenses/
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