Revenue for the third quarter ended September rose 5% to US$1.19bil, beating analysts’ expectations of US$1.11bil, according to LSEG data. — Reuters
NEW YORK: Photo messaging app Snap reported a surprise rise in quarterly revenue and forecast an upbeat current quarter as its efforts to bolster ad-targeting tools with artificial intelligence shows signs of paying off.
Revenue for the third quarter ended September rose 5% to US$1.19bil, beating analysts’ expectations of US$1.11bil, according to LSEG data.
