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Snap Q4 earnings beat expectations, with Snapchat+ subscriptions up 131%

The news: Snapchat parent Snap reported mixed fourth-quarter earnings, with revenues growing but challenges in ad growth tempering investor optimism.

By the numbers:

  • Revenues: $1.56 billion, up 14% YoY and beating expectations.
  • Ad revenues: $1.56 billion, up 10% YoY.

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