Reports Q2 revenue $1.345B, consensus $1.35B. Reports Q2 MAUs up 7% to 932M. Reports Q2 DAUs up 7% to 469M. “Our global community continued to grow in Q2, reaching 932 million Monthly Active Users as we continued to invest in AI and augmented reality,” said Evan Spiegel, CEO. “With meaningful inventory and conversions growth this quarter, including the broader rollout of Sponsored Snap (SNAP)s, we’re excited about the opportunity to translate improved advertiser performance into topline acceleration.”
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