Name: SNAP's Earnings Come In Flat, Stock Falls
Uploaded: 2023-07-25T20:55:22.836
Duration: 6 min 15 s

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Snap Inc.'s (SNAP) earnings were just released, today, July 25th, postmarket. Its adjusted EPS came in at -$0.02 versus an estimated -$0.04 and revenue came in at $1.07B versus an estimated $1.05B. SNAP's daily active users increased to 397.0M when compared to 2Q22 when there were 347.0M daily active users. George Tsilis discusses this. He talks about how SNAP is losing money overall and is paying quite a bit of money to launch new products. Tune in to find out more about earnings and the stock market today.

SNAP's Earnings Come In Flat, Stock Falls

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