About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Snap Inc SNAP reported better-than-expected first-quarter financial results on Tuesday.Snap reported first-quarter revenue of $1.36 billion, up 14% year-over-year. The revenue total beat a Street consensus estimate of $1.35 billion according to data from Benzinga Pro. The company reported an adjusted loss of 8 cents per share, beating a Street consensus estimate of a loss of 13 cents per share.Snap had 460 million daily active users at the end of the first quarter, up 9% year-over-year. The company also pas ...

Snap (SNAP) reported first-quarter 2025 earnings of 4 cents per share, in line with the Zacks Consensus Estimate. The figure increased 33.33% from the year-ago quarter. Revenues rose 14.1% year over year to $1.36 billion and beat the Zacks Consensus Estimate by 1.15%.See the Zacks Earnings Calendar to stay ahead of market-making news.Top-line Details of SNAPGeographically, revenues from North America (61% of total revenues) rose 11.9% year over year to $831.7 million. Revenues from Europe (16.4% of revenues ...

Snap Inc. (NYSE: SNAP ) reported earnings, and Snap disappointed, despite delivering better than expected top and bottom line numbers. The company provided a 5-cent GAAP EPS beat, and sales came in at $1.36B, a $20MAre You Getting The Returns You Want? Invest alongside the Financial Prophet's All-Weather Portfolio (2024 69% return) and achieve optimal results in any market.The Daily Prophet Report provides crucial information before the opening bell rings each morning.Implement my Covered Call Dividend Plan ...

Financial Data and Key Metrics Changes - In Q1 2025, total revenue increased by 14% year over year to $1,363,000,000, with advertising revenue growing by 9% to $1,211,000,000 [23][5] - Adjusted EBITDA reached $108,000,000, up from $46,000,000 in Q1 of the prior year, reflecting improved revenue growth and expense discipline [27][28] - Free cash flow was $114,000,000 in Q1, contributing to a trailing twelve-month free cash flow of $295,000,000 [28][29] Business Line Data and Key Metrics Changes - Direct Response advertising revenue contributed 75% of total advertising revenue for the first time, indicating a shift towards performance-oriented solutions [24] - Other revenue, primarily from Snapchat Plus subscriptions, increased by 75% year over year to $152,000,000, with subscribers reaching nearly 15,000,000 [23][5] - Global impression volume grew approximately 17% year over year, driven by expanded advertising delivery within Spotlight and Creator Stories [25] Market Data and Key Metrics Changes - North America revenue growth accelerated to 12% year over year, up from 8% in the prior quarter, driven by direct response advertising revenue growth [23] - Europe revenue grew by 14% year over year, while Rest of World revenue increased by 20% year over year [23] - Daily Active Users (DAU) in North America was 99,000,000, unchanged from the prior quarter, while DAU in Europe remained at 99,000,000 [7] Company Strategy and Development Direction - The company is prioritizing innovation in enhancing core product value, investing in AI and ML models, and strengthening the creator ecosystem [9][14] - Continued focus on visual communication and augmented reality as strategic differentiators, with significant investments in AR capabilities [21][14] - The company aims to diversify revenue sources and improve advertising performance through ongoing enhancements to its ad platform [31][14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged headwinds in Q2 but emphasized a strong start to the year with solid Q1 results [43][44] - The company remains optimistic about long-term prospects due to progress in ad platform improvements and diversification of revenue sources [32][31] - Management is cautious about macroeconomic conditions impacting advertising demand and has opted not to provide formal financial guidance for Q2 [30][31] Other Important Information - The company repurchased 27,000,000 shares at a cost of $257,000,000 in Q1, contributing to a decline in total debt outstanding [29] - Adjusted gross margin improved to 53% in Q1, up from 52% in the prior year [27] - The company is testing a refined five-tab interface to enhance user experience and engagement [12] Q&A Session Summary Question: Improvement in North American revenue growth - Management noted strong growth in the small and medium customer segment and healthy contributions from Snapchat Plus [36] Question: Impact of macro conditions on advertising demand - Management acknowledged headwinds but emphasized ongoing growth and diversification efforts [44] Question: Future growth in direct response advertising - Management highlighted ongoing improvements in the ad platform and product roadmap as key to achieving higher growth rates [51] Question: Engagement trends in North America - Management expressed confidence in stabilizing DAU in North America and emphasized ongoing investments in content and user engagement [78] Question: Cost structure and headcount management - Management indicated a thoughtful approach to managing costs and balancing headcount growth with business needs [86]

Core Insights - Snap reported revenue of $1.36 billion for the quarter ended March 2025, reflecting a year-over-year increase of 14.1% and surpassing the Zacks Consensus Estimate of $1.35 billion by 1.15% [1] - The company's EPS for the quarter was $0.04, consistent with the consensus estimate, showing no surprise in earnings [1] Financial Performance Metrics - Daily Active Users (DAU) reached 460 million, slightly above the estimated 458.96 million [4] - Average Revenue Per User (ARPU) globally was $2.96, marginally exceeding the nine-analyst average estimate of $2.95 [4] - DAU in North America was 99 million, slightly below the estimate of 100.09 million [4] - DAU in Europe was 99 million, in line with the estimate of 99.09 million [4] - DAU in the Rest of World segment was 262 million, surpassing the estimate of 259.68 million [4] - ARPU in Europe was $2.26, below the estimated $2.29 [4] - ARPU in the Rest of World was $1.17, lower than the $1.23 estimate [4] - ARPU in North America was $8.41, exceeding the estimate of $7.99 [4] - The total number of full-time employees was 5.06 billion, above the estimate of 4.99 billion [4] Geographic Revenue Breakdown - Revenue from Europe was $224.02 million, below the estimate of $231.11 million, but represented a year-over-year increase of 14.4% [4] - Revenue from the Rest of World was $307.51 million, below the estimate of $321.62 million, with a year-over-year increase of 20.2% [4] - Revenue from North America was $831.69 million, exceeding the estimate of $793.09 million, with a year-over-year increase of 11.9% [4]

Q1 2025 Earnings Slides April 29, 2025 Forward-Looking Statements & Non-GAAP Financial Measures This presentation contains forward-looking statements about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this presentation, including statements regarding guidance, our future results of operations or financial condition, future stock repurchase programs or stock dividends, business strategy and plans, user growth and e ...

Snap (SNAP) came out with quarterly earnings of $0.04 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.03 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company behind Snapchat would post earnings of $0.14 per share when it actually produced earnings of $0.16, delivering a surprise of 14.29%.Over the last four quarters, the company has surpassed consensus EPS estimates two times.Snap, which belongs to the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 10-Q ______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 (State or other jurisdiction of incorporation or organizations) Delaware 45-5452795 (I.R.S. E ...

As part of its Q1 2025 earnings release, Snap said it’s scrapping plans for a simplified version of its app. The news comes seven months after Snapchat began testing a redesigned version of the app without the Snap Map or Stories tabs. The new version consolidated the app’s navigation bar around three icons: chat, camera, and Snapchat’s TikTok competitor, Spotlight. Instead of continuing to test the simplified version, the social network is now going to begin experimenting with a “refined five-tab interfac ...