Jul 22

Snap Reports Strong Revenue Growth in Q2, but Falls Short on User Growth Expectations

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For the second quarter of 2020, Snap reported better than expected revenue growth. But its user base did not reach previous company projections. The company’s revenue grew to $454 million, a 17% increase year over year for the same quarter. Snap CEO Evan Spiegel chocked that success up to “high levels of engagement on our…

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