Snap beats revenue and user growth estimates and announces $500 million buyback

Item 1 of 2 Snapchat app is seen on a smartphone in this illustration taken July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo (1/2)In this illustration from July 13, 2021, the Snapchat app is seen on a smartphone. REUTERS/Dado Ruvic/Illustration/File Photo Purchase…