Technology

Snap reports Q1 revenue of $1.06B, up 38% YoY, vs. $1.07B est., global DAUs up 18% YoY to 332M vs. 330M est., and net loss up 25% YoY to $360M (Kif Leswing/CNBC)

Photo of Grace Will Grace Will April 21, 2022
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Kif Leswing / CNBC:

Snap reports Q1 revenue of $1.06B, up 38% YoY, vs. $1.07B est., global DAUs up 18% YoY to 332M vs. 330M est., and net loss up 25% YoY to $360M  —  – Snap missed Wall Street expectations for profit and sales when it reported first-quarter results on Thursday after the bell.



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