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Wireless

Snap to pass billion-dollar mark in Q3 revenues after stronger-than-expected Q2

Friday 23 July 2021 | 09:28 CET | News
Snap reported another quarter of stronger-than-forecast results, though its free cash flow turned back to negative, after running positive in the first quarter. CEO Evan Spiegel said the growth rates for both revenue and daily active users were the highest in four years, and that the company was pleased with its progress it was making on the development of its augmented reality platform.

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Categories: Mobile & Wireless
Companies: Snap / Snapchat
Countries: World
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