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Heurist Finance

Snap shares fall as daily active users miss estimates

Bloomberg ·
SNAP
Snap shares fall as daily active users miss estimates
  • Snap Inc. shares fell after the company reported Q3 ad revenue and user growth that missed estimates.
  • Snap had 495 million daily active users through September, up from 493 million the prior quarter, against analyst expectations of 499 million.
  • CEO Evan Spiegel said advertising revenue growth remains below the company's ambitions.

引述

“advertising revenue growth remains below our ambitions.”— Evan Spiegel

来源

Snap shares fall as daily active users miss estimates — Heurist Finance