Static
Snap Reports Anemic Ad Growth
First reported by The Information ·
The signal
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Brief pending · reported by The Information, the single source so far
What happened
Snap posted 14% higher revenues of $1.7 billion, but once again the growth was driven mostly by subscriptions rather than advertising where growth remains anemic at 4% for the quarter.
Source description shown. AI brief pending.
Snap
Related
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Snap Declines After Daily User Growth Falls Short of Estimates
bloomberg.com · 5h ago · ●○○○
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Snap reports Q3 revenue up 14% YoY to $1.72B, in line with est., and DAUs up 4% to 495M, vs. 499M est.; SNAP drops 10%+ after hours