Snap grew its revenue 62% to $911 million in the fourth holiday quarter, beating Wall Street estimates of $857 million. The visual messaging app reported its fourth consecutive quarter of profit at $45 million before charges like interest, taxes, and stock compensation, though its net loss was $113 million. Daily Snapchat users grew 22% from the year-ago period to 265 million, driven primarily...
Snap Grows Revenue 62% as Daily Users Reach 265 million
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