Snap Q3 DAUs Increased 12% YoY To 406M
Portfolio Pulse from Benzinga Newsdesk
Snap Inc. reported a 12% year-over-year increase in daily active users (DAUs) for Q3, reaching 406 million.
October 24, 2023 | 8:13 pm
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Snap Inc.'s Q3 report shows a 12% YoY increase in DAUs, indicating a growing user base.
The increase in DAUs is a positive sign for Snap Inc. as it indicates a growing user base, which could potentially lead to increased revenues. This could have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100