Snap Inc Class A

SNAP: XNYS (USA)
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Snap Earnings: Strength in International Markets Drives Strong Outlook

Snap reported third-quarter revenue of $1.507 billion, up 10% year over year, due to strength in international markets. Adjusted EBITDA margin came in at 12%, up 200 basis points from a year ago, due to cost efficiencies and a greater mix of high-margin products like Sponsored Snaps and Spotlight.

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