Snap's Q3 Results Beat, Guidance Light
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EarningsCNBC
•Snap shares jump 10% on profit beat, stock buyback
78% Informative
Snap reported better-than-expected third-quarter results on Tuesday , but issued light fourth-quarter guidance.
The company also announced a $500 million stock repurchase program.
The number of Snapchat+ paying subscribers is now at 12 million , the company said.
In September , Snap debuted the fifth generation of its Spectacles augmented reality glasses.
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83
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