Snap Stock Soars On Strong Q1 Revenue & Outlook As Daily Active Users Hit 422 Million [Yahoo! Finance]
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
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investor.snap.com/company-profile
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Source: Yahoo! Finance
The number, and the outlook for the current quarter were nicely above Wall Street forecasts, as were daily active users, which hit 422 million. Snap shares tend to be volatile — up or down — in response to quarterly earnings and today is no exception. More from Deadline Snap Inc. Shares Dive After Mixed Q4 Earnings Report Snap To Lay Off 10% Of Global Workforce Mark Zuckerberg Addresses Families Of Victims Of Online Child Exploitive Content After Senator Presses Him To Apologize - Update The company said the upbeat number was driven by improvements in its advertising platform and an increase in demand for its direct-response advertising offerings. The company has hard a hard time competing with giants Facebook and has been working on its platform for years. Snapchat+ grew to more than 9 million subscribers in Q1. Higher revenue drove adjusted EBITDA of $46 million and free cash flow of $38 million in “The value we provide our community and advertising partners has tr
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News
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- Snap Inc. (NYSE:SNAP) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
SNAP
Earnings
- 4/25/24 - Beat
SNAP
Sec Filings
- 5/2/24 - Form 4
- 5/1/24 - Form 4
- 5/1/24 - Form 4
- SNAP's page on the SEC website