FinanceCNBC Techabout 2 hours ago
Snap shares fall 10% on earnings miss
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Snap shares sank over 10% Wednesday after the company missed revenue and daily active users expectations. Revenue reached $1.72 billion versus $1.73 billion expected, while global daily active users hit 495 million against 499 million. Net income rose to $56 million from a prior year loss of $104 million.
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