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Snap Ceo Evan Spiegel, on April 23, 2025, Semafor World Economic Summit in Conrad Washington in Washington talks in 2025.
Kayla Bartkowski | Getty pictures
Whimper reported that it was better than expected The quarterly income On Tuesday, but refused to guide the macroeconomic uncertainties that could require advertising request.
After the hour, the shares in trade decreased by 14%.
The company compared the company’s Wall Street’s expectations:
SNAP did not offer a worldview for uncertainties around the second quarter “how the macro can develop in the coming months in the coming months and affect advertising requirements. “
Analysts have expected $ 1.39 billion in the second quarter. The company said that daily active users expect to come to the middle point of 468 million in the second quarter.
“When our advantage proceeds continue to grow, we are lived in the current quarter and believe that the company has been careful not to balance our levels to increase our level of investment,” the company said in a letter to investors.
Like many technological companies, SNAP faces the turbulent macro facility for the development of Donald Trump’s developing trading plans. Many fear that the global trade uncertainty is expending or withdrawing of this save season of companies.
Snap’s potential restrictions on advertising request as a reason for management. Advertising revenues for the period increased from 9% to $ 1.21 billion during the year. This growth has been mainly from direct response advertising. The company also sank with 3% of the brand-oriented advertising revenues.
The company is not alone. Last Thursday, Alphabet declare Sales in the first quarter of $ 90.23 billion in the first quarter that surpasses the wall street expectations, but exceeds managers He told the analysts The company can experience headlines in online advertising work in the Asia-Pacific region.
Snap reduced the full annual adjustable operating expenses from $ 2.70 billion to $ 2.70 billion between $ 2.65 billion. The company has reconsidered a full annual expenditure manual for over $ 1.15 billion dollars from $ 1.15 billion to $ 1.15 billion to $ 1.15 billion.
In the first quarter of the SNAP, sales were reduced to $ 1.36 billion a year from 14% to 1,400 billion. The company reported a net loss of about $ 140 million or 8 cents for a share. This is about 305 million dollars or 54% for 19 cents, years ago. In the corrected EBITDA, 108 million dollars came from StreetAccount to $ 64 million.
The company applies to $ 70.1 million in connection with other expenses related to stock-based compensation costs and 2024 reconstruction of 8 kopecks. “These charges do not reflect the main trends of our work,” he said.
Snap, 460 million daily active users in the period, above 453 million in the previous quarter. The company also said that this was the last time reached a 900 million-month active user from 850 million, and the last Snap gave this stat.
Meta Wednesday followed, followed by their last earnings Reddit Thursday and Pinterest on May 8.