Snap surges on earnings revenue beat and Q1 user gains

Snap surged 17% after-hours after dropping nearly 4% today, on news of its Q1 results. The company reported revenue of $462 million in line with guidance and besting Wall Street’s tempered expectations. EPS was -$0.08, slightly worse than analyst expectations of -$0.07. The full impacts of COVID-19 will be fully evident in the second-quarter filings, […]...