Is This Social Media’s New Poster Child?

This social discovery platform now has 300 million users, up 30% from a year ago • For the quarter, it posted revenue of $261.2 billion, up 62% from a year ago and well ahead of the Street consensus at $235.5 billion • The quarter showed sharp acceleration from the 54% growth recorded in the first quarter • Average revenue per user increased 29% year over year to 88 cents a share, reflecting a 41% increase in the U.S. to $2.80, and a 123% internationally to 11 cents. In the first quarter, the company reported Average revenue per user increased 29% year over year to 88 cents a share, reflecting a 41% increase in the U.S. to $2.80, and a 123% internationally to 11 cents. In the first quarter • Email Now To Access Our Next Algo Trade Alert: inquiries@ppchk.net

Leave a comment