Snap shares fall over 10% on third-quarter earnings miss
Snap misses on revenue and daily active users in third-quarter earnings reported Wednesday.
Snap misses on revenue and daily active users in third-quarter earnings reported Wednesday.
That figure covers subscribers to Snapchat Plus, Lens Plus, Platinum, and Memories storage subscriptions, the company announced today alongside its Q3 2026 earnings. [Link: Snapchat’s Subscription Offerings Surpass 30 Million Subscribers | https://newsroom.snap.com/snapchat-subscription-offerings-surpass-30-million | Snapchat]
The milestone comes a year after Snapchat announced a controversial limit on free storage for its Memories feature and informed users it would start requiring users to pay $1.99 per month for additional storage or subscribe to Snapchat+ to retain their Memories.
An unverified Snapchat message, which students in France claim was written by an undercover police officer, has become the slogan of student protests. Here’s how it apparently happened.