Snap Made $181 Million During the Second Quarter From 173 Million Daily Active Users

But revenue was lower than expected and user growth slowed

Adweek's annual #Brandweek summit will explore the ideas behind breakthrough successes, discuss solutions to pressing challenges and explore new opportunities in the Metaverse. Join leaders from Alo Yoga, Hyundai Motor America, Frito-Lay and more, Sept. 12–16 in Miami. Sign up early to save.

All eyes in the tech world were on Snap today to see if the recently public app pulled off a successful second quarter, particularly with Wall Street’s growing concerns about the company staying ahead of competitor Instagram.

AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in