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Snap Reaches 319M Daily Active Users While Revenue Hits $1.3B
BY J. CLARA CHAN | HollywoodReporter.ComTroy Warren for CNT #Digital #BusinessThe parent company of Snapchat bounced back after an earnings miss last quarter.Snap reported $1.3 billion in revenue during Q4 to close out 2021, with daily active users reaching 319 million.The parent company of Snapchat forecast it would reach $1.1 billion to $1.2 billion in revenue for the quarter, while Wall Street analysts predicted revenue would reach $1.2 billion, according to Yahoo Finance. Last quarter, Snap missed the high end of its earnings projections by $3 million, which Snap CEO Evan Spiegel attributed to privacy changes on Apple’s iOS platform,…