Snapchat parent Snap Inc. saw its shares slide on May 10, 2017 after posting a loss of $2.2 billion in its first quarterly results since its share offering earlier this year. Photo: AFP, Bryan R. Smith

Los Angeles-based tech compnay SNAP missed on earnings and on expected user growth, and its stock fell 25% in aftermarket trading in NY.

The announced 36% increase in user growth for the first quarter marked the fourth-straight quarter of slower growth.