Snap beats by $0.05, reports revs in-line
- Reports Q4 (Dec) earnings of $0.01 per share, $0.05 better than the FactSet Consensus of ($0.04); revenues rose 14.4% year/year to $1.56 bln vs the $1.55 bln FactSet Consensus.
- Daily Active Users increased 9% year-over-year to 453 million, above the company's 451 mln forecast.
- Co added, "Active advertisers more than doubled in Q4, with the improvements we have made to our advertising platform driving improved advertiser performance.
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