Snap, the company that makes the Snapchat app, reported a big earnings beat that sent the stock soaring more than 20% in after hour trading. The company said it now has 187 million Daily Active Users, thanks to improvements made to the Android version of the Snapchat app. Snap’s CEO Evan Spiegel says Snapchat’s delayed redesign is testing well and will launch for everyone during the first quarter of this year.

Source: Snap reports Q4 2017 earnings – Business Insider