
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