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Snap beats expectations on user growth, revenue The Snapchat app icon on a mobile device. Parent company Snap has seen its investments in content and creative tools pay off in 2021. (Associated Press) Print Snap Inc. reported gains in revenue and users that exceeded analysts’ estimates, as the company’s investments in content and creative tools lured young people and the advertisers trying to reach them. Its shares soared. Second-quarter sales more than doubled to $982.1 million, the company said Thursday. That dwarfed the $846.9-million average analysts’ estimate. Snapchat, the mobile app for sending disappearing messages and watching video content, had 293 million daily active users in the second quarter, beating analysts’ expectations for 290.72 million, according to data compiled by Bloomberg.

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