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Snap Soars On Q3 Earnings, $500 Million Stock Buyback
Benzinga· 2025-11-05 21:58
Snap, Inc. (NYSE:SNAP) stock soared after the company released its third-quarter earnings report after Wednesday's closing bell, beating expectations on the top and bottom lines. Here's a look at the details in the report. SNAP stock is moving. See the real-time price action here.The Details: Snap reported quarterly losses of six cents per share, which beat the analyst estimate for losses of 12 cents.Quarterly revenue came in at $1.5 billion, which beat the analyst consensus estimate of $1.49 billion and wa ...
Snap shares spike on quarterly revenue and daily active users beat
CNBC Television· 2025-11-05 21:45
Hey, Snapshare is soaring. Uh, the stock now is up about 15% in after hours trading as the company revenue beat expectations 1.51% billion versus the 1.49% billion estimated with 1 million more daily active users than anticipated. The company's earnings per share loss of 6 cents isn't comparable to expectations, but adjusted IBIDA of 182 million did top estimates of 125 million.Snap announcing a $500 million stock repurchase program and also guiding to fourth quarter revenue in a range with a midpoint just ...
Snap shares spike on quarterly revenue and daily active users beat
Youtube· 2025-11-05 21:45
Group 1 - Snap's stock increased by approximately 15% in after-hours trading following a revenue report of $1.51 billion, surpassing the estimated $1.49 billion, along with 1 million more daily active users than expected [1] - The company reported an earnings per share loss of 6 cents, which did not meet expectations, but adjusted EBITDA of $182 million exceeded estimates of $125 million [1] - Snap announced a $500 million stock repurchase program and provided guidance for fourth-quarter revenue that is slightly above analyst expectations, along with an EBITDA range that is well ahead of consensus estimates [2] Group 2 - Snap is entering a partnership with Perplexity to integrate its AI chatbot into Snapchat, with Perplexity paying Snap $400 million over the course of the year [2][3] - Despite the positive outlook, Snap warned of a potential decline in daily active users in the fourth quarter, although investments in AI and machine learning are reportedly yielding measurable benefits for advertisers [3]
Snap Sales Boosted by Rebound in Ad Business
WSJ· 2025-11-05 21:31
Core Insights - Sales growth was primarily driven by improved advertising demand, particularly from small- and medium-sized businesses [1] Group 1 - The social media platform behind Snapchat reported an increase in sales due to enhanced advertising demand [1]
X @Bloomberg
Bloomberg· 2025-11-05 21:18
Snap announced a $400 million partnership with Perplexity AI to distribute the firm’s AI search engine to Snapchat users globally, according to a statement Wednesday https://t.co/xynrX2vLXK ...
Snap shares rocket on revenue beat, stronger-than-expected forecast
CNBC· 2025-11-05 21:15
Core Insights - Snap Inc. reported third-quarter earnings that exceeded analysts' expectations, leading to a more than 20% increase in share price, alongside a $500 million stock repurchase program [1] - The company announced a partnership with Perplexity AI, which will integrate conversational search into Snapchat, with expected revenue contribution starting in 2026 [2][3] Financial Performance - For Q3, Snap's sales grew by 10% year-over-year, reaching $1.51 billion, compared to the expected $1.49 billion [3][8] - The net loss for Q3 was $104 million, an improvement from a net loss of $153 million in the same quarter last year [3] - Adjusted EBITDA for Q3 was $182 million, surpassing the projected $125 million [3] - For Q4, Snap anticipates sales between $1.68 billion and $1.71 billion, with a midpoint of $1.695 billion, slightly above Wall Street's expectation of $1.69 billion [2][4] User Metrics and Engagement - Snap reported 477 million global daily active users, slightly above the expected 476 million [8] - The global average revenue per user (ARPU) was $3.16, exceeding the expected $3.13 [8] - The company warned that new regulations, particularly regarding age verification, could negatively impact user engagement metrics [4][5][6] Regulatory Environment - New laws in Australia and the U.S. are set to impose penalties on social media companies for failing to prevent underage users from accessing their platforms [5][6] - Snap is preparing for upcoming platform-level age verification measures from Apple and Google, which may further affect user metrics [6][7] Market Context - The earnings report comes amid a broader trend where major tech companies like Meta, Alphabet, and Amazon have reported strong digital advertising sales [10] - Snap's challenges with user engagement metrics are contrasted with the robust performance of other tech firms in the digital advertising space [9][10]
Snap tops revenue estimate and unveils $400 million deal with Perplexity AI, shares jump
Yahoo Finance· 2025-11-05 21:13
By Jaspreet Singh (Reuters) -Snap (SNAP) stock rose 15% before the bell on Thursday after beating third-quarter revenue estimates on Wednesday and said it has partnered with Perplexity AI (PEAI.PVT) to integrate its artificial intelligence-powered ​search engine into Snapchat, sending the social media firm's shares up 16%‌ after the bell. AI startup Perplexity will pay Snap $400 million over one year in cash and equity, with revenue ‌contributions expected from 2026. The integration will offer verifiable ...
Snap(SNAP) - 2025 Q3 - Quarterly Results
2025-11-05 21:12
Exhibit 99.1 Snap Inc. Announces Third Quarter 2025 Financial Results Third quarter revenue increased 10% year-over-year to $1,507 million Daily Active Users increased 8% year-over-year to 477 million Monthly Active Users increased 7% year-over-year to 943 million Operating cash flow was $146 million and Free Cash Flow was $93 million SANTA MONICA, Calif. – November 5, 2025 – Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended September 30, 2025. "Our focus on performance, creativ ...