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CNBC: Snap Third-Quarter Revenue and Daily Active Users Miss Expectations, Shares Fall Over 10%
According to CNBC, Snap reported third-quarter revenue and daily active users that fell short of market expectations, sending its shares down over 10%. The report also noted that the company's Q3 revenue grew 14% year-over-year, and it plans to adopt global monthly active users as its primary audience metric starting in the first quarter of 2027.
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