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

But revenue was lower than expected and user growth slowed

Can Snap ramp up its growth in the coming quarters? Getty Images

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.

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@laurenjohnson Lauren Johnson is a senior technology editor for Adweek, where she specializes in covering mobile, social platforms and emerging tech.