Snap Inc (SNAP) PT Lowered to $15 at Susquehanna; Facebook Making Life Difficult
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Snap Inc. Reports First Quarter 2017 Results
May 10, 2017 4:01 PM EDTVENICE, Calif.--(BUSINESS WIRE)-- Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2017.
First Quarter 2017 Financial Highlights:
 Three Months Ended March 31,  Percent  2017    2016  Change (dollars in thousands) (Unaudited) (NM = Not Meaningful) Revenue $ 149,648 $ 38,798 286 % Net loss(1) $ (2,208,837 ) $ (104,576 )NM
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Adjusted EBITDA(2)... More