Snap Earnings Beat Estimates. Why the Stock Is Plunging.

Does Snap cutting jobs?

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Snap provided its profit guidance for March quarter.

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Well the company's profit guidance was disappointing .

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Snap shares were falling down.

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Snap posted revenue of $1.36 billion for the December quarter.

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And The Wall Street consensus of $1.138 billion.

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December quarter revenue of snap was between $1.32 billion and $1.375 billion.

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According to snap, it had 414 million daily active users in the quarter.

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For the March quarter, company shows revenue of between $1.095 billion and $1.135 billion.

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And The Wall Street consensus at $1.12 billion.

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On Wednesday, the stock was off 30% in premarket trading.

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Snap is focusing to deliver improvements and drive improved results.

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Mexico vs Jamaica score, result, and highlights as

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