Snap Adds Millions of Users As Headwinds Persist

Snap (NYSE: SNAP) reported first-quarter 2022 operating results after the markets closed on Thursday, April 21. The social media company, popular with teens and young adults, continued its streak of adding daily active users.

The quarter was not without challenges as Apple's privacy changes impacted its ability to sell target advertising, and macroeconomic factors decreased advertiser demand. A closer look at Snap's Q1 results and what it could mean for investors follows.

Image source: Getty Images.

Source Fool.com