Snap Q2 2023 Daily Active Users Up 14% To 397M
Portfolio Pulse from Benzinga Newsdesk
Snap Inc. has reported a 14% increase in daily active users to 397 million for Q2 2023.
July 25, 2023 | 8:11 pm
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POSITIVE IMPACT
Snap Inc.'s Q2 2023 report shows a 14% increase in daily active users to 397 million.
The increase in daily active users is a positive indicator of the company's growth and user engagement. This could potentially lead to increased revenues and profitability, which would likely have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100