The parent company of Snapchat bounced back after an earnings miss last quarter.
“We faced some fresh challenges in 2021 but posted strong results, reflecting substantial progress on our journey to sustainable growth and positive cash flow generation,” Spiegel said in prepared remarks on Thursday.
“While we made significant progress in navigating the iOS platform changes in Q4, we believe that it will take at least a couple more quarters for our advertising partners to build full confidence in our new measurement solutions,” Derek Anderson, Snap’s chief financial officer, said in prepared remarks.
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