Snap’s abysmal financial forecast for the current quarter continued the company’s string of rough news. While the social media company said revenues in the fourth quarter were largely flat from a year earlier, it warned that business is going to get worse.
“Our internal forecast assumes revenue will be between -10% to -2% year-over-year in Q1,” the company wrote in its investor letter. Ouch.
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February 01, 2023 at 08:15AM
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Snap's Spaghetti Strategy Is Cause for Concern - The Information
"strategy" - Google News
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