Snap Inc. (NYSE: SNAP) reported revenues of $1.19 billion for the first quarter of 2024, up 21% year-over-year.
Net loss was $305 million, or $0.19 per share, compared to $329 million, or $0.21 per share, in the prior year. Adjusted EPS more than doubled YoY to $0.03.
Daily active users (DAUs) increased 10% YoY to 422 million.
For the second quarter of 2024, the company expects revenue to grow 15-18% YoY to $1.22-1.25 billion. DAUs are expected to be approx. 431 million.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Philip Morris International (PM) Q1 2025 Earnings: Key financials and quarterly highlights
Philip Morris International Inc. (NYSE: PM) reported its first quarter 2025 earnings results today. Net revenues increased 5.8% year-over-year to $9.3 billion. Organic revenue growth was 10.2%. Net earnings attributable
General Dynamics (GD) Q1 2025 profit jumps; revenue up 14%
Aerospace company General Dynamics (NYSE: GD) reported a sharp increase in earnings for the first quarter of 2025, reflecting a double-digit growth in revenues. First-quarter revenue increased 14% year-over-year to
Infographic: How Boeing (BA) performed in Q1 2025
The Boeing Company (NYSE: BA) reported its first quarter 2025 earnings results today. Revenues increased 18% year-over-year to $19.5 billion. Net loss attributable to Boeing shareholders amounted to $37 million,
