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Snap said that revenue grew by less than 5% to about $1.36 billion

Snap said that revenue for the same period grew by less than 5% year over year to about $1.36 billion—more than 1% short of analysts’ targets. Snap’s slightly disappointing revenue forecast for the first quarter still projects year-over-year growth of nearly 13% at the midpoint—the fastest pace the company has seen in nearly two years.

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