Tech: Snap's Ephemeral Market Cap
Industry Focus
The Motley Fool
4.6 • 854 Ratings
🗓️ 10 November 2017
⏱️ 24 minutes
🧾️ Download transcript
Summary
After missing on revenue, earnings, and users, shares of Snap got pummeled following the company's Q3 earnings release. We work through the release, talk about the company's transition to auction-based ad sales, and check in on the Spectacles hardware segment.
Transcript
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| 0:00.0 | Welcome to Industry Focus, the podcast that does into a different sector in stock market every day. |
| 0:07.0 | It's Friday, November 10th, and we're talking about Snaps Vanishing Market Cap. |
| 0:11.0 | I'm your host Dylan Lewis and I'm joined on Skype by |
| 0:13.5 | fool.com senior tech specialist Evan New. Evan hasn't going we finally got started |
| 0:18.9 | after a couple false starts beginning of a podcast. It's going pretty well. |
| 0:24.8 | Thanks to Heather for all her editing help today. |
| 0:27.6 | We are pre-recording today's show and that led to us having a couple goofs as we introed and make sure that we got the dates right. |
| 0:36.2 | But we're here now and we're ready to talk. |
| 0:38.3 | Evan, we missed getting the chance to do the Apple show together because I was traveling a little bit. |
| 0:43.6 | But we do have the treat of Talking Snap and this is another company that we love to discuss and |
| 0:47.6 | we eagerly await the quarterly updates that we get from them. |
| 0:51.0 | Yeah, it was a pretty bad quarter. |
| 0:53.0 | And I mean, that's good news for me since I'm short, but. |
| 0:56.0 | Yes, I guess we'll throw that out there now. |
| 0:58.0 | I think people that have been following us for a while, no, but you do have some options on Snap. |
| 1:02.0 | And again, in the interest of transparency, we're recording a show. but you do have some options on Snap. |
| 1:02.6 | And again, in the interest of transparency, |
| 1:04.1 | we're recording a show on Wednesday. |
| 1:06.6 | We have our annual Fool Palusa, our company get-together, |
| 1:10.0 | where we go over some business meeting stuff. |
| 1:11.3 | And that's Thursday and Friday this week. So if stuff and that's Thursday and Friday. |
| 1:12.8 | So if anything crazy happens between Wednesday and Friday, it will not be reflected in the discussion |
... |
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