Snap stock is already down more than 16% after-hours following the earnings report.
The revamp of its app, unveiled late previous year, was widely met with a negative response by users, and share prices were sent tumbling when reality star Kylie Jenner voice her disapproval of the new look and layout.
Royals Win Game Two, Earn Split With White Sox
Runners left in scoring position: Chicago 2 (Anderson, Garcia); Kansas City 6 (Jay 2, Moustakas, Duda, Gordon, Goins). Eric Skoglund went seven strong innings for the Royals allowing just 2 hits, one earned run while striking out nine.
According to Snap, Users can look forward to new Snappables every week.
Revenues for the quarter were up 54% year-over-year to roughly $231 million, but sequentially were down 19% "primarily due to seasonality and our redesign", the company said in its earnings release. Snap said the redesign impacted its revenue by "disrupting user behavior" and creating some apprehension among its advertisers.
Earlier this year, Snapchat redesigned its app to separate content posted by friends from content posted by publishers and celebrities.
Despite poor sales, last month Snapchat confirmed a second generation of Spectacles were on the way, with a slimmer design and new ability to take still pictures as well as capture video. Kylie Jenner, a reality TV star, threatened to quit the app in February, causing the stock to fall.