Snap reports Q1 revenue of $770M, up 66% YoY, vs $743.8M est., DAUs were up 22% YoY to 280M, net loss of $287M, down from $306M YoY (Salvador Rodriguez/CNBC)

tech (Last Updated On: June 24, 2022)

 Salvador Rodriguez / CNBC:

Snap reports Q1 revenue of $770M, up 66% YoY, vs $743.8M est., DAUs were up 22% YoY to 280M, net loss of $287M, down from $306M YoY  —  – Snap’s stock rose in after-hours trading on Thursday after the company reported its first-quarter results despite beating Wall Street’s expectations on earnings, revenue and user growth.

Source: Technology – Techmeme

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