Snap Stock Soars On Strong Q1 Revenue & Outlook As Daily Active Users Hit 422 Million

Deadline

Center

High Factuality

Media Conglomerate: Penske Media Corporation

Snap Stock Soars On Strong Q1 Revenue & Outlook As Daily Active Users Hit 422 Million

Shares of Snapchat parent Snap popped 26% in late trading after the social media network said revenue jumped more than expected last quarter to $1.95 billion, up 21% from 2023. The number, and the outlook for the current quarter were nicely above Wall Street forecasts, as were daily active users, which hit 422 million. Snap […]