Categories AlphaGraphs, Earnings, Technology

SNAP Earnings: All you need to know about Snap’s Q2 2021 earnings results

Snap Inc. (NYSE: SNAP) reported second quarter 2021 earnings results today.

Revenues increased 116% year-over-year to $982 million.

Net loss amounted to $151.6 million, or $0.10 per share, compared to $325.9 million, or $0.23 per share, last year. Adjusted EPS amounted to $0.10.  

Daily active users increased 23% YoY to 293 million.

For the third quarter of 2021, revenue is expected to increase approx. 58-60% YoY to a range of $1.07-1.08 billion.

The quarterly results surpassed analysts’ projections sending the stock soaring over 13% during after-hours.  

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

What awaits MongoDB (MDB) after the much-awaited turnaround?

MongoDB, Inc. (NASDAQ: MDB), the tech firm that pioneered a new method for creating databases, enables developers to work with high volumes of varied data effortlessly. The company this week

Earnings: A snapshot of GameStop’s Q3 2022 financial performance

GameStop Corp. (NYSE: GME) reported a narrower net loss for the third quarter of 2022 despite the gaming company’s sales decreasing year-over-year. The company reported a net loss of $94.7 million

Here’s why Signet Jewellers (SIG) is confident about its long-term growth opportunity

Shares of Signet Jewelers Limited (NYSE: SIG) were up 5% on Wednesday. The stock has gained 32% over the past three months. A day ago, the company delivered better-than-expected earnings

Add Comment
Viewing Highlight