Snap fourth-quarter revenue up 62% to $911 million
Snap Inc. reported fourth-quarter revenue jumped 62% to $911 million, while the net loss declined from $241 million to $113 million. For the year, the company shaved its loss to $945 million from $1 billion, on sales of $2.5 billion. “We’re grateful for the opportunity to serve our community and partners through this challenging period of time,” said Evan Spiegel,...
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