Snap sinks as Q2 growth and revenue fall short

 Snap’s Q2 earnings was another failure on a long, downward path for the social media company. Snap added 7 million daily active users to reach 173 million with a 4.2% growth rate, slower than the 5% growth that got it to 166 million DAU in Q1. Revenue reached $181 million with a loss of -$0.16 earnings per share. That’s compared to Wall Street’s estimates of $186.2 million… Read More

from TechCrunch