Snap Inc. (NYSE: SNAP) reported revenue of $1.06 billion for the second quarter of 2023, which was down 4% year-over-year.
Net loss was $377 million, or $0.24 per share, compared to $422 million, or $0.26 per share, last year. Adjusted loss per share was $0.02.
Daily active users (DAUs) increased 14% YoY to 397 million.
For the third quarter of 2023, revenue is expected to be $1.07-1.13 billion while DAUs are estimated to reach 405-406 million.
Prior performance
Most Popular
CVX Earnings: Chevron reports lower revenue and profit for Q1 2024
Energy exploration company Chevron Corporation (NYSE: CVX) announced first-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation was $5.50 billion or
ABBV Earnings: AbbVie reports lower adj. profit for Q1 2024; revenue edges up
Specialty biopharmaceutical company AbbVie, Inc. (NYSE: ABBV) Friday announced first-quarter 2024 financial results, reporting a decline in adjusted earnings and a modest rise in revenues. The company reported worldwide net
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q1 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported first quarter 2024 earnings results today. Net sales increased 6.2% year-over-year to $5.06 billion. Organic sales increased 9.8%. Net income attributable to Colgate-Palmolive Company was