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Snap Q4 Users Dip As It Trims Marketing To Focus On Profit, Shares Rise [Yahoo! Finance]
Last fox corporation - class b earnings: 5/10 04:03 pm
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US:NASDAQ Investor Relations: 21cf.com/investor-relations
Net income surged to $45.2 million from the $9.1 million the year before. The shares, which can be volatile after earnings, rose in after-market trading on the numbers. More from Deadline How Big Is YouTube? Revenue Topped $60 Billion In 2025 Fox Corp. Keeps Rolling In Fall Quarter Despite Lack Of Political Ads, Delivering Better-Than-Expected Revenue Bob Iger Acknowledges Rivalry Between Entertainment & Parks To Drive Disney Profits, Says Both Have "Ability To Grow Nicely" “Our Q4 results began to reflect the impact of our strategic pivot toward profitable growth, translating into revenue diversification and meaningful margin expansion,” said CEO Evan Spiegel. “This progress reflects our commitment to building a more financially efficient and profitable business while continuing to invest in the future of augmented reality and the consumer launch of Specs.” Snap said DAUs were also hit by Australia's new social media minimum age act, that requires age verification, which
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