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Could Snap Stock Help You Become a Millionaire?
SNAPSnap(SNAP) The Motley Fool·2024-02-11 12:35

Snap's (SNAP 0.09%) stock price plunged 33% during after-hours trading on Feb. 6 in response to the social media company's fourth-quarter report. Its revenue rose 5% year over year to 1.36billionbutmissedanalystsexpectationsby1.36 billion but missed analysts' expectations by 20 million.Snap's adjusted net income fell 40% year over year to 128million,or128 million, or 0.08 per share, but still cleared the consensus forecast by 0.02pershare.Itsadjustedearningsbeforeinterest,taxes,depreciation,andamortization(EBITDA)dropped320.02 per share. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) dropped 32% to 159 million.Th ...