{"id":81331,"date":"2022-04-22T01:44:18","date_gmt":"2022-04-22T05:44:18","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81331"},"modified":"2022-04-22T01:38:23","modified_gmt":"2022-04-22T05:38:23","slug":"snap-reports-challenging-quarter-that-missed-sales-and-profit-estimates","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2022\/snap-reports-challenging-quarter-that-missed-sales-and-profit-estimates.html","title":{"rendered":"Snap reports \u2018challenging\u2019 quarter that missed sales and profit estimates"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/SNAP\" target=\"_blank\">Snap<\/a> missed Wall Street expectations for profit and sales, and forecast disappointing revenue growth in the current quarter, when it reported first-quarter results on Thursday. However, daily users grew 18% annually, more than expected. Snap was down about 4% at one point before recovering to rise over 7% at one point in volatile extended trading. It ended up rising less than 1%.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/04\/21\/snap-earnings-q1-2022.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Snap missed Wall Street expectations for profit and sales, and forecast disappointing revenue growth in the current quarter, when it reported first-quarter results on Thursday. However, daily users grew 18% annually, more than expected. Snap was down about 4% [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-81331","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=81331"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81331\/revisions"}],"predecessor-version":[{"id":81332,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81331\/revisions\/81332"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}