Snap Q1 Revenue, Guidance Uncertain
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quarter revenue TuesdayCNBC
•Technology
Technology
Snap plunges 14% on 'headwinds' to start quarter, inability to offer guidance

80% Informative
Snap reported better-than-expected first-quarter revenue, but declined to provide guidance.
Sales in Snap 's first quarter jumped 14% to $1.36 billion from the year-ago period.
The company didn't offer second quarter guidance, citing uncertainties with "how macro economic conditions may evolve in the months ahead , and how this may impact advertising demand" Shares dropped 14% in after-hours trading.
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