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in Tech

Snap plunges 30% on revenue miss and light guidance, as company says Middle East war creates ‘headwind’

by Editor February 6, 2024, 11:25 pm 1.6k Views

Snap plunges 30% on revenue miss and light guidance, as company says Middle East war creates 'headwind'

Snap Inc. co-founder and CEO Evan Spiegel speaks during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, June 17, 2022.

Benoit Tessier | Reuters

Snap on Tuesday reported revenue that trailed analysts’ estimates and issued a forecast that came in a bit below Wall Street expectations. The stock plunged 30% in extended trading.

Here’s how the company did:

Earnings per share:…

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Posted by Editor

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