Even though Snap’s first-quarter revenue rose 54%, year-over-year, to $230.7 million, the growth was below average analyst estimates of $244.5 million, causing the company’s shares to drop nearly 19% ...
GAAP breakeven in fiscal 2025 (ex-Spectacles), GAAP profitability within the year, and $500M+ annualized cost cuts by H2’26.
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