Snap Inc. (NYSE: SNAP) reported total revenue of $989 million for the first quarter of 2023, down 7% year-over-year. Net loss was $329 million, or $0.21 per share, compared to $360 million, or $0.22 per share, in the prior-year period. Adjusted EPS was $0.01. The company ended the quarter with 383 million daily active users […]
Snap Inc. (NYSE: SNAP) reported total revenue of $989 million for the first quarter of 2023, down 7% year-over-year. Net loss was $329 million, or $0.21 per share, compared to $360 million, or $0.22 per share, in the prior-year period. Adjusted EPS was $0.01. The company ended the quarter with 383 million daily active users […]
Snap Inc. (NYSE: SNAP) reported total revenue of $989 million for the first quarter of 2023, down 7% year-over-year.
Net loss was $329 million, or $0.21 per share, compared to $360 million, or $0.22 per share, in the prior-year period. Adjusted EPS was $0.01.
The company ended the quarter with 383 million daily active users (DAUs), which was up 15% YoY.
