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Snap Q2: revenue up 9% YoY to $1.34B, vs. $1.35B est., 469M global DAUs, vs. 467M est., and global ARPU of $2.87, vs. $2.90 est.; SNAP drops ~15% after hours (Jonathan Vanian/CNBC)

Jonathan Vanian / CNBC:
Snap Q2: revenue up 9% YoY to $1.34B, vs. $1.35B est., 469M global DAUs, vs. 467M est., and global ARPU of $2.87, vs. $2.90 est.; SNAP drops ~15% after hours  —  Snap shares tanked 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations.



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