Snap (SNAP) Shares Rise as Snapchat+ Tops 1 Million Users

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Go back to Snap (SNAP) Shares Rise as Snapchat+ Tops 1 Million Users

Snap (SNAP) Could Add $200 Million in Revenue in 2023 - BofA

August 16, 2022 11:27 AM EDT

BofA analyst Justin Post maintained a Buy rating and $22 price target on Snap (NYSE: SNAP) shares Tuesday, telling investors Snapchat Plus obtaining surprising traction could add $12 million to third-quarter revenue and $200 million in 2023.

Snap launched additional Plus subscriber features and announced that there are over 1 million global paying users for Snapchat Plus, its... More

Snap (SNAP) Gains as Snapchat+ Has Over 1 Millions Subscribers

August 15, 2022 10:36 AM EDT

Snap (NYSE: SNAP) gains 3.8% in early trading after it announced earlier that its Snapchat+ has over 1 million paying subscribers.

... More

Snap reaches 1 million premium subscribers in bid for new revenue

August 15, 2022 9:06 AM EDT

By Angelique Chen

(Reuters) - Snap Inc, parent company of social media app Snapchat, has reached 1 million subscribers for its Snapchat+ premium subscription, the company said on Monday, after launching the service in June as a new source of revenue.

Social media companies including Snap, Twitter Inc and Meta Platforms Inc , which all earn the majority of revenue from selling digital... More