Snap Q1 earnings: the best way out is always through

Snap reported Q1 2023 earnings last Thursday. The company missed expectations on topline revenue, DAU, and ARPU, with revenue down nearly 7% on a year-over-year basis. The company issued revenue guidance for Q2 that implies a 6% year-over-year decline; Snap's stock declined by roughly 20% after the print, and it remains down by about 16% […]

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