Snap delivered better-than-expected earnings for Q4 2024 with substantial revenue and user growth, yet faces ongoing competitive challenges.Snap (SNAP 3.85%), the multimedia messaging platform company behind Snapchat, reported its earnings for the fourth quarter of 2024 on February 4, 2025. The company surpassed analyst expectations with a 14% year-over-year increase in revenue to $1.557 billion, beating the projected $1.547 billion. Its Non-GAAP Earnings Per Share (EPS) showed a remarkable improvement, ach ...

Snapchat parent Snap beat quarterly estimates as daily active users hit 453 million, up by 39 million. Revenue was on the high side of expectations, up 14% to $1.55 billion, as Snap swung to profit of $9 million from a $248 million loss in the prior year quarter. Shares ended 4% higher today and are up another 9% in after-market trading on the numbers. Direct response ad revenue growth was up 14% year-over-year in Q4 and was the largest driver of our ad revenue growth in 2024. In 2024, Snapchat+ subscribe ...

The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles.Snap shares jumped rallied in extended trading on Tuesday after the company reported better-than-expected fourth-quarter results.Here is how the company did compared with Wall Street's expectations.Earnings per share: 16 cents adjusted vs. 14 cents expected, according to LSEGRevenue: $1.56 billion vs. $1.55 billion expected, according to LSEG Global daily active users: 453 million vs. 451.1 million expected, accordin ...

Exhibit 99.1 "In 2024 we made significant progress on our core priorities of growing our community and improving depth of engagement, driving top line revenue growth and diversifying our revenue sources, while building toward our long-term vision for augmented reality," said Evan Spiegel, CEO. "Active advertisers more than doubled in Q4, with the improvements we have made to our advertising platform driving improved advertiser performance and helping to grow revenue 14% year-over-year." Annual Financial Sum ...

The upcoming report from Snap (SNAP) is expected to reveal quarterly earnings of $0.14 per share, indicating an increase of 75% compared to the year-ago period. Analysts forecast revenues of $1.55 billion, representing an increase of 13.8% year over year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead of a company's earnings disc ...

In the latest market close, Snap (SNAP) reached $11.29, with a -0.53% movement compared to the previous day. The stock's change was less than the S&P 500's daily loss of 0.51%. Meanwhile, the Dow lost 0.75%, and the Nasdaq, a tech-heavy index, lost 0.28%.The company behind Snapchat's shares have seen an increase of 0.98% over the last month, surpassing the Computer and Technology sector's gain of 0.79% and falling behind the S&P 500's gain of 2.87%.Market participants will be closely following the financial ...

Snap (SNAP) is scheduled to report fourth-quarter 2024 results on Feb. 4.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.For the fourth quarter, Snap expects total revenues between $1.51 billion and $1.56 billion, implying year-over-year growth of 11-15%. Adjusted EBITDA is expected to be between $210 million and $260 million.The Zacks Consensus Estimate for revenues is currently pegged at $1.55 billion, indicating a 13.8% increase from the year-ago quarter’s reported figure.The con ...

The market expects Snap (SNAP) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on F ...

Snap (SNAP 2.93%) stock investors will be looking for the company to report better growth in North America.*Stock prices used were the afternoon prices of Jan. 21, 2025. The video was published on Jan. 23, 2025. ...

Company Performance - Snap Inc shares have declined by more than 13% since the last coverage in December [1] Research Focus - The research focus is primarily on 20th century stocks undergoing a 21st century transformation [1] - Occasionally, the research covers companies that assist in transforming 20th century firms [1] - The goal is to identify innovations in business models that can cause significant stock changes [1] Analyst Position - The analyst holds a beneficial long position in Snap Inc shares through stock ownership, options, or other derivatives [2]