{"id":87298,"date":"2024-02-07T02:13:33","date_gmt":"2024-02-07T07:13:33","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87298"},"modified":"2024-02-07T02:18:23","modified_gmt":"2024-02-07T07:18:23","slug":"snap-plunges-30-on-revenue-miss-and-light-guidance-as-company-says-middle-east-war-creates-headwind","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2024\/snap-plunges-30-on-revenue-miss-and-light-guidance-as-company-says-middle-east-war-creates-headwind.html","title":{"rendered":"Snap plunges 30% on revenue miss and light guidance, as company says Middle East war creates \u2018headwind\u2019"},"content":{"rendered":"\n<p>(CNBC) Snap has struggled to rebound from the downturn in the digital ad market and has now reported six straight quarters of single-digit growth or sales declines. For the fourth quarter, revenue rose about 5% year over year to $1.36 billion from $1.3 billion a <a href=\"https:\/\/www.cnbc.com\/2022\/07\/21\/snap-earnings-q2-2022.html\">year earlier<\/a>.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/02\/06\/snap-earnings-q4-2023.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Snap has struggled to rebound from the downturn in the digital ad market and has now reported six straight quarters of single-digit growth or sales declines. For the fourth quarter, revenue rose about 5% year over year to $1.36 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87298","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87298"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87298\/revisions"}],"predecessor-version":[{"id":87299,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87298\/revisions\/87299"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}