FILE PHOTO: The Snapchat app is seen on a smartphone in this illustration taken July 13, 2021. REUTERS/Dado Ruvic/Illustration
(Reuters) -Snap Inc on Thursday forecast a rosy outlook for user growth on its Snapchat app, but said supply-chain disruptions and inflation could continue to hurt advertising demand.
Shares of Snap fell as much as 10% immediately after the results, but pared losses later on as investors digested the mixed results.
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