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Snape, a Snape developer, recorded record profits, even as the number of active users plummeted each day. The third quarter business figure is $ 283 million.
Snape reported 186 million active users a day in the third quarter of 2018, down from 188 million active users in the second quarter of 2018.
The number of active users in the previous quarter rose to 178 million, and the decline comes as SNAP continues to face the consequences of redesigning the poorly designed design, launched earlier this year.
The net loss went from $ 443.2 million a year ago to $ 325.1 million this quarter, and Snape expects a further decline in the number of active users over the next quarter.
This led to a 10% fall in capital, several hours after the results, after losing more than 52% since the beginning of the year, as the company failed to convince Wall Street that 2019 would be better.
Snape expects to realize between $ 355 and $ 380 million in revenue in the fourth quarter of 2018, while analysts expect a turnover of $ 371 million.
Spiegel noted that society sees opportunities for growth to reach more people beyond its core demographic, and Snape Chat remains the fastest way to communicate visually with close friends and family.
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