Snape Chat loses 2 million users in 3 months



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The number of users in the third quarter of 2018 application reached 186 million daily active users, compared with 188 million in the second quarter of this year and 178 million in the third quarter of the year. last year.

Snape dropped 2% after Thursday's session, penalized by the commercial results showing a decline in the number of users of the application, despite better than expected financial results.

Snape recorded a net loss of $ 325 million, or 25 cents a share, in the third quarter, compared to a loss of $ 443 million, or 36 cents a share, a year earlier.

Excluding certain items, the company lost 12 cents per share in the third quarter, while expected losses were approximately 14 cents per share.

Quarterly revenues were $ 298 million, up from $ 208 million in the third quarter of last year, while analysts expected a turnover of $ 283 million.

Snape forecasts revenues of between $ 335 and $ 380 million, while analysts expect $ 374 million.

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