Snap reports Q3 revenue up 5% YoY to $1.19B, vs. $1.11B est., net loss up 2% YoY to $368M, and DAUs up 12% YoY to 406M, vs. 405.7M est.; SNAP jumps 5%+ (Jonathan Vanian/CNBC)

October 24, 2023

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Jonathan Vanian / CNBC:

Snap reports Q3 revenue up 5% YoY to $1.19B, vs. $1.11B est., net loss up 2% YoY to $368M, and DAUs up 12% YoY to 406M, vs. 405.7M est.; SNAP jumps 5%+ — – As part of Snap’s “internal forecast,” the company said that it expects sales in its fourth quarter to fall in the range of $1.32 billion …

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