Snap Inc. (NYSE:SNAP) reported worse-than-expected second-quarter revenue results on Thursday. Snap said second-quarter revenue increased 16% year-over-year to $1.24 billion, missing the consensus estimate of $1.25 billion, according to Benzinga Pro. The social media company reported quarterly earnings of 2 cents per share, in line with analyst estimates. Daily active users grew 9% year-over-year to 432 million. Monthly active users climbed to 850 million in the quarter. "Our community grew to reach more than 850 million monthly active users in Q2, with more than 11 million Snapchat+ subscribers," said Evan Spiegel, CEO of Snap. "We continued to scale our ...