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Snap reports Q1 revenue up 21% YoY to $1.19B, vs. $1.12B est., DAUs up 10% YoY to 422M, a net loss of $305M, compared to $329M YoY; SNAP jumps 20%+

WATCH NOW  —  Snap stock soars following beat on revenue, earnings and daily active users  —  Snap reported first-quarter results …

CNBC Ashley Capoot

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  • @carnage4life Dare Obasanjo on x
    Snap grew revenue 21% year over year in Q1, thanks to improvements in its advertising platform. Investors have been hoping for this moment since Apple ATT started impacting Snap's revenue. While Snap still lost -$305M in Q1, investors are excited the business is growing again. [i…