Snap wins users and beats estimates
Snap Inc. is giving investors another reason to be optimistic for a revival of the social-media company. The shares surged.The parent of photo-messaging app Snapchat said sales rose 39 percent from the previous year, to $320 million for the three months ended March 31. Analysts had projected revenue of $307.4 million. The Santa Monica, California-based company also saw more users flock to the platform from the previous quarter, the first increase in that metric in four quarters. Snap reported 19
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