"The value we provide our community and advertising partners has translated into improved financial performance," Snap chief executive Evan Spiegel said...
Snap reported revenue of $1.2 billion compared with $989 million...trimmed its loss to $305 million compared with a loss of $329 million...
"Our large, growing, and hard-to-reach community, brand-safe environment, and full-funnel advertising solutions have made us an increasingly important partner for businesses of all sizes," Spiegel said...
After its launch in 2011, Snapchat became a hit... let people share photos or videos in messages that self-destruct after being viewed.
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