Re:Snap Quarterly Results Q4 2022 [pdf]
by psswrd12345 on Tuesday January 31, 2023 @07:35PM
(#34604549)
Ranking top 20 of free apps in US is hardly a barometer of future potential of a company that has never exhibited an ability to return steady profit to shareholders, and hardly bodes well for their future growth prospects.
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Re:Snap Quarterly Results Q4 2022 [pdf]
by kortilla on Tuesday January 31, 2023 @08:20PM
(#34605009)
That has nothing to do with the question “Who uses Snap?”
Re:Snap Quarterly Results Q4 2022 [pdf]
by psswrd12345 on Tuesday January 31, 2023 @08:25PM
(#34605045)
This thread is about SNAP's financial results, and SNAP's valuation has long been dependent on future growth prospects. Ranking within the top 20 is not a good sign to that end, especially given how SNAP managed to lose $1.5B in the last year and has not put forward any credible plan on how they might make a sustainable return for shareholders.