Categories LATEST
Snap, Inc. Q2 2023 Earnings: Stay tuned for the live earnings call and real-time transcript
Social media platform Snap Inc. (NYSE: SNAP) will be publishing results for the second quarter of 2023 today after the close of markets.
Listen to Snap’s earnings call live and check the real-time transcript
Experts have predicted that the company would report a loss of $0.04 per share for the June quarter, on an adjusted basis, which marks a slight deterioration from the prior-year quarter when it incurred a loss of $0.02 per share. The weak bottom-line forecast reflects an estimated 14.8% fall in revenues to $946.68 million.
In the first quarter, the company posted adjusted earnings of $0.01 per share, compared to a loss of $0.02 per share a year earlier. However, there was a 7% decrease in revenues to $989 million. The top line was negatively impacted by weakness in the North American and European markets.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Important takeaways from Conagra Brands’ Q3 2025 report
Conagra Brands, Inc. (NYSE: CAG) has reported weaker-than-expected revenue and profit for the February quarter, with sales declining across all business segments amid softer demand and persistent supply challenges. The
Main takeaways from Lamb Weston’s (LW) Q3 2025 earnings report
Shares of Lamb Weston Holdings, Inc. (NYSE: LW) jumped 9% on Thursday after the company delivered better-than-expected results for the third quarter of 2025 and reaffirmed its outlook for the
Summary: Tesla (TSLA) reports Q1 2025 production, deliveries
Tesla Inc. (NASDAQ: TSLA) has announced results of vehicle production and deliveries for the first quarter of 2025. The company also provided data on the deployment of energy storage products
