Snap shares soar 27% as company beats on earnings, shows strong revenue growth [MSNBC.com]
FactSet Research Systems Inc. (FDS)
Last factset research systems inc. earnings: 3/26 07:01 am
Check Earnings Report
US:NYSE Investor Relations:
investor.factset.com
Company Research
Source: MSNBC.com
Snapfirst-quarter resultsHere's how the company did: per share:Revenue for Snap's first quarter increased 21% from $989 million in the same period last year. The company is growing at an accelerated clip, after it had previously reported six straight quarters of single-digit growth or sales declines.Snap has been working to rebuild its advertising business after the digital ad market stumbled in 2022, and it's starting to pay off. In its investor letter, Snap said revenue growth was primarily driven by improvements in the company's advertising platform, as well as demand for its direct-response advertising solutions.Advertising revenue came in at $1.11 billion in the first quarter. Snap's "Other Revenue" category, which is primarily driven by Snapchat+ subscribers, reached $87 million, an increase of 194% year over year. Snap reported more than 9 million Snapchat+ subscribers for the period.Adjusted EBITDA for the first quarter was $46 million, far surpassing the $68 million loss expe
Show less
Read more
Impact Snapshot
Event Time:
FDS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
FDS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
FDS alerts
High impacting FactSet Research Systems Inc. news events
Weekly update
A roundup of the hottest topics
FDS
News
- Wayfair shares surge after furniture retailer cuts losses by more than $100 million [MSNBC.com]MSNBC.com
- Wayfair shares surge 10% after furniture retailer cuts losses by more than $100 million [MSNBC.com]MSNBC.com
- Wayfair shares surge 17% after furniture retailer cuts losses by more than $100 million [MSNBC.com]MSNBC.com
- Wayfair's losses narrow by more than $100 million after layoffs, even as sales dip [MSNBC.com]MSNBC.com
- FactSet Increases DividendGlobeNewswire
FDS
Earnings
- 3/21/24 - Beat
FDS
Sec Filings
- 5/3/24 - Form 144
- 5/1/24 - Form 4
- 5/1/24 - Form 144
- FDS's page on the SEC website