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Snapchat Daily Users Pop 22% in Q4, Snap Tops Earnings Estimates But Issues Weak Forecast

Snapchat gained 16 million daily users to hit an average of 265 million in the fourth quarter of 2020, continuing its solid growth during the COVID pandemic. Snap beat revenue and adjusted earnings estimates for the quarter, but its Q1 guidance disappointed Wall Street. Snapchat’s daily active users were 265 million in Q4 2020, an […]

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