Snap announces third quarter 2023 revenue up 5%, $368 million loss
Snap Inc. announced third-quarter revenues were up 5%, while daily active users were up 12% to 406 million, but the company still lost $368 million. The company’s net loss was $360 million for the same period last year. Revenue was $1,189 million, compared to $1,128 million in the prior year, an increase of 5% year-over-year. “Our revenue returned to positive...
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