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Snap Inc. Reports First Quarter 2017 Results

investor.snap.com

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Re: Snap Inc. Reports First Quarter 2017 Results

#21

Post by zkirill »

valuearb wrote: post #12
zkirill wrote: post #9

Is there any public company that releases earnings in realtime rather than quarterly and/or annually? Has this ever been tried? Is there any rational behind earnings being reported quarterly/annually besides it being aligned with existing regulatory and accounting procedures?

The procedures to produce an SEC report take time and aren't automatic. Management discussion, etc. As a former professional investor quarterly is fine. i want mgmt focused on running the business, not reporting to investors. Anyone who wants more frequent data so they can trade the stock can hit the road as far as I care.

Interesting! Thank you for your perspective and insight.

Do you think that having some data reported automatically in realtime could minimize surprises such as what we see here? Perhaps then the quarterly reports could be more focused on describing the longterm strategy and market landscape?

Re: Snap Inc. Reports First Quarter 2017 Results

#23

Post by ceejayoz »

pm90 wrote: post #13

Lets not forget that Facebook lost a lot lot of money before finally discovering a way to monetize its services. This is SNAP's first public earnings report. Disclosure: Not a user or stock holder of SNAP

Facebook didn't have a competitor with 20x the market cap doing a great job of rapidly copying their distinguishing features.

Re: Snap Inc. Reports First Quarter 2017 Results

#26

Post by exogeny »

So, let me get this straight: they expect to able to be a viable advertising outlet for brands, despite having no demographic targeting besides a rough guess at geolocation?

Hey, cool.

Good thing you're paying Google and Amazon about $200 million a year while your user growth plateaus!

Re: Snap Inc. Reports First Quarter 2017 Results

#28

Post by rjvir »

pm90 wrote: post #13

Lets not forget that Facebook lost a lot lot of money before finally discovering a way to monetize its services. This is SNAP's first public earnings report. Disclosure: Not a user or stock holder of SNAP

Facebook at least had incredible growth.

This report shows Snapchat missing on that mark too.

Re: Snap Inc. Reports First Quarter 2017 Results

#29

Post by yeukhon »

zkirill wrote: post #9

Is there any public company that releases earnings in realtime rather than quarterly and/or annually? Has this ever been tried? Is there any rational behind earnings being reported quarterly/annually besides it being aligned with existing regulatory and accounting procedures?

I don't know, one hand I feel that exposes risk of versatile trading, on the other hand it doesn't seem like anyone would care, because growth/number is micro by seconds, and it takes days to see real spike.
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