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
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
