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2022-10-22

$Snap Inc(SNAP)$

Snap said it generated $1.13 billion in sales in the most recent quarter, or 6% above the year-earlier figure. That was the slowest rate of growth since going public and below the 8% figure Snap said in August it was seeing. The sales figure narrowly missed Wall Street expectations, though its $360 million loss for the period was narrower than analysts surveyed by FactSet had expected.

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