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Snap Inc. beats earnings estimates with 10% revenue growth and higher profits, fueled by ad performance and user engagement.
Snap Inc. reported a significant surge in fourth-quarter profit and a 10% increase in revenue, driving its stock to climb.
The company attributed the growth to stronger advertising performance and improved user engagement, particularly in its Snap Ads and Discover features.
While specific financial figures were not disclosed, the results exceeded analyst expectations, signaling resilience in the competitive social media landscape.
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Snap Inc. supera las estimaciones de ganancias con un crecimiento del 10% en los ingresos y mayores ganancias, impulsadas por el rendimiento de los anuncios y el compromiso de los usuarios.