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Snap Grows User Numbers, But Misses Quarterly Revenue Expectations by Caitlin Huston

Snap hit 432 million daily active users in the second quarter of 2024, an increase of 36 million, or 9 percent year-over-year. Revenue hit $1.24 billion, up from $1.07 billion a year ago, but below Wall Street expectations. Shares of Snap were plummeting 22 percent after hours Thursday.  The social media company pared down its […]

SOURCE: The Hollywood Reporter at 04:32PM on August 1, 2024

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