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7 year oldSnap soared after an earnings report that beat analyst expectations, with shares jumping up to 28 percent during after-hours trading.
The company reported Q4 earnings on Tuesday after the bell:
Though the company is still not profitable, it grew revenue 72 percent year-over-year and showed a 46 percent increase year-over-year in revenue ARPU. Cash burn decreased to $225 million, down 49 percent from the previous quarter.
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