By: Martin Peers
Snap reported 19% higher revenue of $1.599 billion for the June quarter, along with higher profits as measured before deductions for interest, depreciation, amortization and stock compensation. Snap stock, which has been trading near its historic lows, rose 9% in after-hours trading to $5.50.The growth reflected 9% higher ad revenues, a still-anemic growth rate compared to other big ad-based





