Snap Reports Strong Revenue Growth in Q2, but Falls Short on User Growth Expectations

The platform saw 238 million daily active users and brought in $454 million in revenue

Snapchat added 9 million daily active users since last quarter.Snapchat, Getty Images

July 21, 2020

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For the second quarter of 2020, Snap reported better than expected revenue growth. But its user base did not reach previous company projections.

Scott Nover is a platforms reporter at Adweek, covering social media companies and their influence.