Jonathan Vanian / CNBC:
Snap reports Q1 revenue down 7% to $989M, vs. $1.01B est., global DAUs up 15% YoY to 383M, vs. 384M est., and a $329M net loss, vs. $360M YoY; SNAP drops 20%+ — – Snap came in light on revenue and ARPU in its Q1 2023 earnings report. — The company said its “internal forecast” …
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