NEW YORK, NY / ACCESSWIRE / November 14, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Snap Inc. (NYSE: SNAP) engages in the operation of its camera platform that helps people to communicate through short videos and images. The company is also involved in the provision of advertising by helping its partners generate a return on their investment by creating engaging advertising products. Its products include Snapchat, Publisher Tools, and Spectacles.

SNAP, parent company of Snapchat, saw its shares fall 18% last week, after another disappointing quarterly report. The company went public at $17 earlier this year. Even though revenue grew 62% and the average daily user count increased by 16%, the muted Q3 results fell below analyst's expectations.

What is SNAP doing to improve its performance, and a Q3 financial review here READ MORE

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SNAP monetizes its business primarily through advertising. Its advertising products include Snap Ads and Sponsored Creative Tools like Sponsored Lenses and Sponsored Geofilters, and measurement services. While revenues grew on QOQ and YOY basis, expenses are increasing disproportionately.

The company has been focused on making progress against performance, quality, and automation this year, and is beginning to see the results of these efforts. Application performance has increased and has made meaningful progress against key customer-facing metrics.

Read nine analysts opinions revised in the past few days, and company expense review READ MORE

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