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Snap Q3 Revenue Rises 5%, Surprising Wall Street, as Snapchat Daily Users Grow to 406 Million

Snap, parent company of Snapchat, turned in better results than Wall Street expected for the third quarter of 2023, as the company touted improvements to its ad platform. Overall, Snap posted Q3 revenue of $1.19 billion, an increase of 5%, and a net loss of $368 million (or 23 cents per share). Analyst consensus estimates […]

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