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Here's Why Snap's Revenue Is Taking a Hit

Here's Why Snap's Revenue Is Taking a Hit

An uncertain macroeconomic environment may be one of those reasons, but it's far from the only one. Here's what's weighing on Snap's business -- and what management is saying about potentially turning it around. The company, which makes most of its money from ads on its photo- and video-sharing app, said in its fourth-quarter update that revenue barely increased (less than 1% growth) from the year-ago period.