, Columnist
Snapchat Looked Like a Real Company for a Quarter
The same challenges remain, but Snap made modest progress on sharply reduced expectations.
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Slow clap for Snapchat, which managed not to fall on its face during a quarterly earnings report for the first time in its history.
Parent company Snap Inc. reported Tuesday that its advertising revenue increased more than Wall Street expected. And although the number of people using Snapchat's app isn't growing by leaps and bounds, the rate of increase has been holding steady.