Snap Inc. (NYSE: SNAP) reported revenue of $1.06 billion for the second quarter of 2023, which was down 4% year-over-year.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/07/Snap-Inc.-Q2-2023-Earnings-Infographic-627x1024.jpg)
Net loss was $377 million, or $0.24 per share, compared to $422 million, or $0.26 per share, last year. Adjusted loss per share was $0.02.
Daily active users (DAUs) increased 14% YoY to 397 million.
For the third quarter of 2023, revenue is expected to be $1.07-1.13 billion while DAUs are estimated to reach 405-406 million.
Prior performance
![](https://cdn.news.alphastreet.com/wp-content/uploads/2023/04/Snap-Q1-2023-Earnings-Infographic-627x1024.jpg)
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