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Snap Inc. (NYSE:SNAP) reported first-quarter results after Wednesday’s closing bell, beating estimates on the top and bottom lines.
Here’s a look at the details inside the report.
- SNAP stock is moving. Watch the price action here.
Snap Q1 Details
Snap reported quarterly losses of five cents per share, which beat the consensus estimate for losses of seven cents, according to Benzinga Pro data.
Quarterly revenue came in at $1.529 billion, which just beat the Street estimate of $1.528 billion by 0.07%.
Snap reported the following Q1 highlights:
- Global monthly active users (MAU) grew to 956 million in the first quarter, an increase of …
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