Get access to our best features

Get access to our best features

Snap Warns of Sales Drop After Revenue Growth Stalls

Summary by Ground News
Snapchat's parent company reported stalled revenue growth and a large net loss for the final three months of 2022. Snap shares fell as much as 15% in after-hours trading following the report. The report marked the fourth straight quarter of net losses for Snap, which has suffered from increased competition in the social media market.
Published 2 months ago · New York, United States

News Articles

More Filters
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Wall Street Journal
L 33%
C 34%
R 33%
See less detail