Categories AlphaGraphs, Earnings, Technology
SNAP Earnings: Key quarterly highlights from Snap Q1 2021 financial results
Snap Inc. (NYSE: SNAP) reported first quarter 2021 earnings results today.
Revenue increased 66% year-over-year to $770 million.
GAAP net loss decreased 6% to $286 million while loss per share dropped 11% to $0.19 compared to last year. Adjusted EPS amounted to $0.00 versus a loss of $0.08 per share last year.
Both the top and bottom line numbers were better than expected.
Daily active users increased 22% YoY to 280 million.
For Q2 2021, Snap expects revenue of $820-840 million.
The stock gained nearly 5% in aftermarket hours on Thursday following the results announcement.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
