Snapchat Reaches 332M Daily Active Users at End of Q1 2022

Snap Inc. outlined its financial results for the first quarter of 2022 last week, reporting revenue of $1.06 billion, up 38% from the same quarter last year. Chief financial officer Derek Andersen explained in his prepared remarks, “The slowdown in the rate of year-over-year growth observed post the invasion of Ukraine was broad-based, with the…

Source: Ad Week – AD & Brand News