The stock jumped as much as 31 per cent in extended trading.
Snapchat faces stiff competition from Instagram, which has more than twice the daily users of Snapchat and threatened to stamp out Snapchat by copying features such as photo filters and disappearing slide shows.
Snapchat, which was originally designed as, and found success in being, the answer to the uber-connectedness and constant validation of already-established social media platforms like Facebook, Twitter, and Instagram, was beginning to see its star fade a bit as those aforementioned platforms incorporated (copied, you might say?) the things that made Snapchat so unique.
Snap blew past Wall Street expectations in a major way on Monday, reporting stellar user growth and revenue for the final three months of 2017.
The company's revenue isn't much of a surprise to Forrester analyst Jessica Liu and may be the result of a growing industry, not a new special sauce that Snap executives introduced during the fourth quarter.
Khaleda Zia's appeal process explained
Zia was catapulted into Bangladeshi politics in the early 1980s when her husband former President Ziaur Rahman, was assassinated. Defence lawyer Khandakar Mahbub Hossain said the verdict failed to reflect the truth.
EPS/Net loss (adjusted): ($0.13) vs. ($0.16) expected. A majority of these ad buyers (96%) said that they would prefer to advertise on Instagram, the leading competitor to Snap.
Snap Inc surprised Wall Street on Tuesday with a rebound in user growth for its Snapchat messaging app, showing resilience amid competition with Facebook Inc's Instagram and sending shares up almost 30 per cent.
Pivotal held its "Sell" position for Snap, writing in a note to investors that its "long-term view [is] unchanged".
Shares of Snap traded up about 1% at $13.98 on Tuesday, with a consensus analyst price target of $12.36 and a 52-week range of $11.28 to $29.44.
But during the fourth quarter, Snap managed to trump this issue.
Consumer Reports finds Samsung, Roku TVs vulnerable to hacking
Eason Goodale is the Disconnect lead engineer. "It's as though once you unlocked your door, the door would never lock again". It said that "every smart TV we evaluated asked for permission to collect viewing data and other kinds of information".
Snap recently unveiled a new in-app merchandise store, so there's a clear interest in testing the waters when it comes to in-app purchases.
Yes, both digital giants cater to giant advertisers like General Motors and Coke - the kind of brands that have long spent big on TV ads. Steward Partners Investment Advisory LLC boosted its stake in shares of Snap by 967.3% during the 4th quarter.
There's some subtlety to this, however. Zendesk revenue was $123.4 million in the fourth quarter, up 39 percent from a year ago.
Still, being a niche advertising platform, rather than a valid third player to Google and Facebook, is a rut Snap can't seem to extricate itself from.
Jefferies isn't the only firm passing on Snap.
The company also showed signs of accelerated user growth. As Wieser noted, overall hosting costs were up 16%, though the cost per user fell 3%.
Key player set to miss Tottenham v Arsenal clash after scan
But here, talkSPORT.com is more concerned with the present and tells you what you need to know about the north London derby . Arsenal go into the game in sixth place, four points behind Spurs and five off a Champions League qualifying spot.