Core Insights - Snap's CEO Evan Spiegel indicated that the company is benefiting from the uncertainty surrounding TikTok's future in the United States [1][5] - Snap reported an increase in daily active users to 453 million in Q4, representing a 9% year-over-year growth [1][5] - The company experienced a notable traffic boost during TikTok's brief service interruption on January 19 [1][5] User Engagement and Growth - Snap's daily active user count rose to 453 million in Q4, attributed partly to TikTok's uncertain status [1][5] - The number of creators posting on Snapchat increased by 40% year-over-year in Q4, driven by the Snap Star program [4] - Over one billion Snaps were shared publicly on Snapchat each month in Q4 from the community, creators, and media partners [4] Market Environment - Spiegel noted that while Snap is not overly focused on the engagement spike during TikTok's outage, the overall volatility in the short-form video space is advantageous for Snap in the long run [3] - The uncertainty surrounding TikTok's operations is perceived as beneficial for Snap's business strategy [5]

Snap Inc. SNAP shares are trading lower following fourth-quarter financial results reported on Tuesday and several analysts revised the price forecast.Snap reported quarterly earnings of 16 cents per share, which beat the analyst consensus estimate of 14 cents. Quarterly revenue came in at $1.55 billion, which beat the analyst consensus estimate of $1.54 billion.BofA Securities analyst Justin Post maintained the stock with a Neutral and raised the price forecast from $14 to $14.5.The analyst remains cautiou ...

Snap Inc. (NYSE: SNAP ) reported better-than-expected earnings for its fourth fiscal quarter on Tuesday: the social media company saw continual momentum in daily active users and saw strong monetization trends in the core advertisingAnalyst’s Disclosure: I/we have a beneficial long position in the shares of SNAP, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Al ...

Snap (SNAP) reported fourth-quarter 2024 earnings of 16 cents per share, which beat the Zacks Consensus Estimate by 14.29% and increased 100% from the year-ago quarter. SNAP stock jumped more than 5% in pre-market trading.Revenues increased 14.4% year over year to $1.55 billion and beat the Zacks Consensus Estimate by 0.55%.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Geographically, revenues from North America (62.2% of total revenues) rose 7.7% year over year to $968.9 million. R ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________ FORM 10-K ______________________________________________________ (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-38017 ...

Snap (SNAP) reported $1.56 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 14.4%. EPS of $0.16 for the same period compares to $0.08 a year ago.The reported revenue represents a surprise of +0.55% over the Zacks Consensus Estimate of $1.55 billion. With the consensus EPS estimate being $0.14, the EPS surprise was +14.29%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street exp ...

Q4 2024 Earnings Slides February 4, 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 ...

Group 1 - The uncertainty surrounding TikTok's future has positively impacted Snap's business, with CEO Evan Spiegel noting that the overall environment of uncertainty is beneficial [1] - Snap's Spotlight feature, an alternative to TikTok, has attracted many creators, with a reported growth of over 40% in the number of creators posting content year-over-year in Q4 [2] - In Q4, Snap reached 453 million daily active users, an increase of 39 million from the previous period, and reported revenue of $1.55 billion, up from $1.36 billion the previous year [3] Group 2 - The uncertainty regarding TikTok has also influenced the broader social media landscape, leading to increased user engagement across various platforms, including RedNote, YouTube, and Meta [4]

Snap (SNAP) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this company behind Snapchat would post earnings of $0.05 per share when it actually produced earnings of $0.08, delivering a surprise of 60%.Over the last four quarters, the compan ...