Snap Inc Class A

SNAP: XNYS (USA)
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Snap Earnings: Strong Subscription Growth Continues to Cover for Stagnant User Counts

Snap reported third-quarter results that included sales growing 14% to $1.72 billion and adjusted EBITDA expanding 10 points to 22%. The firm's revenue segment that houses its growing subscription business grew 84% to $350 million, constituting 20% of total sales, up from 13% a year ago.

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