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Snapchat+, a subscription-based revenue stream, has hit 4M subscribers, says CEO Evan Spiegel
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October 26, 2023October 26, 2023Earnings

Snap earnings Q3 2023

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Co-founder and CEO of Snap Inc. Evan Spiegel attends the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris on June 17, 2022. Benoit Tessier | Reuters Snap shares initially soared as much as 20% in after-hours trading as the company beat on the top and bottom...

'If you look up disaster in the dictionary you will see Snap's ticker', says Wedbush's Dan Ives
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July 25, 2023July 25, 2023Earnings

Snap shares plunge more than 17% on weak forecast

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Snap shares tumbled over 17% after the company reported guidance for its current quarter that missed analysts’ expectations. Here’s how the company did: Loss per share: 2 cents vs. 4 cents expected by analysts, according to Refinitiv. Revenue: $1.07 billion vs. $1.05 billion expected, according to Refinitiv. Global Daily Active Users (DAUs): 397 million vs....