Snap increases revenue and doubles active advertisers in Q3

Nathan Jolly

October 30, 2024 11:11

Snap has enjoyed a 15% leap in revenue for the September quarter, reaching US$1.373 million (A$2.09m).

This fell within the estimated range and is “despite weaker demand from certain consumer discretionary verticals including technology, entertainment, and retail,” according to Snap’s CEO Evan Spiegel.

Subscribe to keep reading

Join Mumbrella Pro to access the Mumbrella archive and read our premium analysis of everything under the media and marketing umbrella.

Nathan Jolly

Nathan Jolly is the Features Editor at Mumbrella. He joined the team in July, 2023.

Topics

Latest

Google reignites campaign against under-16s social media ban

Out-of-home operator Gawk ends relationship with Ooh Media, aims to win ‘divorce’

Digitas Australia gains MD from VML Commerce

Nine and Warner Bros already casting The Golden Bachelor Season 2

Foxtel's plan to bowl over sports fans this summer

Snap increases revenue and doubles active advertisers in Q3

Get the latest media and marketing industry news (and views) direct to your inbox.

Sign up to the free Mumbrella newsletter now.

SUBSCRIBE