Categories AlphaGraphs, Earnings, Technology

Snap Inc. (SNAP) Earnings: 1Q23 Key Numbers

Snap Inc. (NYSE: SNAP) reported total revenue of $989 million for the first quarter of 2023, down 7% year-over-year.

Net loss was $329 million, or $0.21 per share, compared to $360 million, or $0.22 per share, in the prior-year period. Adjusted EPS was $0.01.

The company ended the quarter with 383 million daily active users (DAUs), which was up 15% YoY.

Prior performance

Snap-Q4-2022-Earnings-Infographic

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