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Snap Revenue Gains on Direct Ads, Subscriptions

The Information · Laura Mandaro · last updated

Snap said revenue for the third quarter jumped 15% to $1.37 billion, on the high end of its prior outlook, boosted by a 10% gain in digital advertising and more demand for its subscription product, Snapchat+.

The parent of Snapchat also turned cash flow positive for the three months ended in …

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