Name 14% sinks after holding the management that referring to the concern

Whimper Shares fell more than 14% on Wednesday after social media company The second quarter management was caught Due to uncertain macroeconomic environments.

“While our top line continues to grow, we are living in the current quarter and believe that it is careful not to continue balancing our investment level with income growth so far” Company Tuesday saidTo add that macro conditions can affect advertising request.

SNAP finance head Derek Andersen said that during the income, some advertisers affect the exemption from changes already. Space with spaces It ends on FridayCurrently, it allows you to rise from $ 800 to make the United States duty-free.

President Donald TrumpShifter tariff Plans created a concerned background for companies in this earnings season. Fear of weakening economy The company also burned the concerns that advertising costs could lighten, where the SNAP creates a key component of income.

The company said that 9% of the year reached $ 1.21 billion in the year during the quarter of announcements.

Despite the return of the management, the Snap reached $ 1.36 billion from $ 1.19 billion a year ago. Loss of about $ 305 million last year, about $ 30 million, about $ 305 million or up to $ 54 million per share or up to 54 million dollars or 8 cents. Damage was due to a $ 70.1 million payment related to the cash salary, reset-based compensation costs and other expenses related to the reconstruction of 2024.

Snap also signaled the continued user growth. Daily active users rose from 460 million to 453 million in the previous quarter. The company said that this last Snap, in this stat, said it hits a 900 million-month active user of an active 850 million. During the period, North America fell from 100 million to 99 million to 99 million, but Snap does not expect more refusal in this quarter.

Many in the Wall Street made the company’s second quarter and the ability to appear in the background of the macro, taking into account the qualities, shares and corrected price targets for him.

“Price sales ratio can support a historical bottom and support the shareholding, as part of the peers in advance in the macro part of the macro,” said America’s Justin post.

Other social media companies saw shares move downwards Pinterest and Reddit, It takes up to 4% and 8% respectively. Meta Dropped more than 2%.

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