Amended: Snap Inc. Q3 Loss Widens While Revenue Improves

Snap Inc. (SNAP) reported loss for its third quarter that increased from last year.

The company's bottom line was a loss of $359.5 million or $0.22 per share. This compares with loss of $72 million, or $0.05 per share, in last year's third quarter.

Excluding items, Snap Inc. reported adjusted earnings of $0.08 per share for the period.

The company's revenue for the quarter rose 5.7% to $1.12 billion from $1.06 billion last year.

(Recasts the story to say loss widened for the quarter)

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