Group 1 - Snap shares fell 17% after market close due to slower revenue growth in Q2, partly caused by a pricing mistake for advertisers [1] - Q2 revenue grew 39% year-over-year to $1.34 billion, with advertising revenue of $1.174 billion rising 4% [3] - Daily active users increased by 9% year-over-year to 469 million [2] Group 2 - The timing of Ramadan affected advertising revenue comparisons, as the holiday occurred earlier in Q1 this year [3] - The company expects Q3 revenue to be between $1.475 billion and $1.505 billion, with daily active users projected at 476 million [4] - Snap delivered adjusted EBITDA of $41 million and $24 million in free cash flow [4] Group 3 - Time spent on Spotlight grew 23% year-over-year in Q2, now accounting for over 40% of total content viewing time [5] - Snapchat+ subscribers approached 16 million in Q2 [5] - Snap plans to launch standalone lightweight AR glasses in 2026, aiming to enhance its position in augmented reality [5] Group 4 - Sponsored Snaps initiative has shown effectiveness, delivering up to a 22% increase in conversions when included in campaigns [6] - Snapchat introduced Sponsored Snaps from creators, allowing advertisers to send messages directly from creators to users [6]

Financial Performance - Revenue for Q2 2025 was $1,345 million, a 9% increase compared to $1,237 million in the prior year[8, 15] - Average revenue per user (ARPU) was $2.87, slightly up from $2.86 in the prior year[8] - Net loss was $263 million, compared to $249 million in the prior year, with a net loss margin of (20)%[8] - Adjusted EBITDA was $41 million, down from $55 million in the prior year, resulting in an Adjusted EBITDA Margin of 3%, compared to 4%[8, 13, 14] - Operating cash flow was $88 million, a significant improvement from $(21) million in the prior year, and free cash flow was $24 million, compared to $(73) million[16] User Engagement - Global monthly active users (MAU) reached 932 million in Q2, an increase of 64 million, or 7%, year-over-year[17, 32] - Daily active users (DAU) were 469 million in Q2 2025, an increase of 37 million, or 9%, year-over-year[20, 38] - Spotlight reached more than 550 million monthly active users on average in Q2, with time spent growing 23% year-over-year, contributing over 40% of total content time spent[20] Augmented Reality - The community uses AR Lenses in the Snapchat camera 8 billion times per day[23] - Lens Games engagement has continued to grow, now reaching more than 175 million monthly active users, up over 40% year-over-year[24]

Financial Performance - Snap reported second-quarter revenue of $1.345 billion, reflecting a 9% year-over-year increase, surpassing the Street consensus estimate of $1.344 billion [1] - The company incurred a loss of 16 cents per share, which aligned with analyst expectations [1] User Growth - Snap ended the quarter with 932 million monthly active users, marking a 7% increase year-over-year [2] - The number of daily active users reached 469 million, up 9% year-over-year [2] Product and Feature Development - CEO Evan Spiegel highlighted the growth in the global community and emphasized investments in AI and augmented reality [3] - Spotlight achieved over 550 million monthly active users on average, with time spent on Spotlight increasing by 23% year-over-year, now accounting for over 40% of total content time spent [3] - Snap Map also grew to more than 400 million monthly active users during the quarter [4] Future Outlook - The company is focusing on diversifying revenue growth through improvements in its ad platform, aided by advancements in AI [5] - Snap plans to launch its first consumer-ready Specs AR glasses in 2026, which is seen as a significant milestone for the company [5] Stock Performance - Following the earnings report, Snap's stock declined by 14.48% to $8.03 in after-hours trading, within a 52-week trading range of $7.08 to $13.28 [6]

Snap earnings are out. Julia Borson has the numbers. Hi, Julia.>> Hey, Morgan. Snap revenues basically in line with expectations at$ 1.34% billion dollars, but we see the stock is stock is plummeting now down about 15% this after the company reported a gap loss of 16 cents per share. That is not comparable to analyst expectations, but adjusted IBIDA of $41 million that shows a miss of the street account estimate of $53 million.The company's daily active users grew 2 million faster than anticipated to end at ...

Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

Exhibit 99.1 Snap Inc. Announces Second Quarter 2025 Financial Results Second quarter revenue increased 9% year-over-year to $1,345 million Monthly Active Users increased 7% year-over-year to 932 million Daily Active Users increased 9% year-over-year to 469 million Operating cash flow was $88 million and Free Cash Flow was $24 million SANTA MONICA, Calif. – August 5, 2025 – Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended June 30, 2025. "Our global community continued to grow i ...

Core Insights - Snap Inc. reported a 15% drop in shares following second-quarter earnings that missed expectations for global average revenue per user [1] - The company experienced a net loss of $262.6 million in the second quarter, compared to a net loss of $248.6 million in the same quarter last year [1] Financial Performance - Second-quarter sales grew by 9% year over year, but adjusted EBITDA was $41 million, falling short of the $53 million projected by analysts [2] - For the third quarter, Snap expects revenue between $1.475 billion and $1.505 billion, slightly above Wall Street estimates [2] - The adjusted EBITDA for the third quarter is projected to be between $110 million and $135 million, with a midpoint of $122.5 million, exceeding StreetAccount's estimate of $116 million [3] User Metrics - Snap anticipates global daily active users to reach 476 million in the third quarter, aligning closely with the expected 475.7 million [3] - The Snapchat+ subscription service is nearing 16 million subscribers, marking a 42% year-over-year increase [4] Revenue Streams - The Other Revenue category, driven largely by the subscription service, rose 64% year over year to $171 million in the second quarter [4] - Adjusted operating expenses increased by 10% year over year to $654 million [4] Organizational Changes - The company is restructuring its engineering teams to better support business functions, with core applications reporting to the tech chief and monetization engineering to the business chief [5] - The Chief Information Officer and Chief Information Security Officer will report directly to the CEO, focusing on foundational infrastructure and platform integrity [6] - Eric Young, a senior vice president of engineering, is leaving the company to pursue new opportunities [6] Industry Context - Other companies in the industry are also reporting significant growth, with Amazon's online ad sales up 23% year over year and Reddit's revenue jumping 78% [7] - Meta reported a 22% increase in second-quarter sales, highlighting a competitive advertising landscape [7]

Group 1 - Snap is scheduled to announce its earnings on August 5, 2025, with historical trends indicating a 61% likelihood of negative one-day returns following earnings announcements, with a median decrease of -17.0% and a peak fall of -39.1% [2][3] - Analysts project Snap will report earnings of $0.02 per share and sales of $1.35 billion, compared to the previous year's earnings of $0.02 per share and sales of $1.24 billion [3] - Snap currently has a market capitalization of $16 billion and generated $5.5 billion in revenue over the past twelve months, but reported an operational loss of $648 million and a net loss of $532 million [4] Group 2 - Over the past five years, Snap has recorded 18 earnings data points, with 39% resulting in positive one-day returns, which drops to 10% when considering the last three years; the median of positive returns is 24%, while the median of negative returns is -17% [7] - The relationship between one-day, five-day, and twenty-one-day returns post-earnings can inform trading strategies, particularly if a strong correlation exists between these return periods [8] - Peer performance can influence Snap's stock response post-earnings, as market pricing may reflect peer earnings results prior to Snap's announcement [9]

Snap (SNAP) FY 2025 Annual General Meeting August 01, 2025 11:30 AM ET Company ParticipantsAtul Porwal - Senior Associate General Counsel & Assistant SecretaryOperatorGood afternoon, everyone, and welcome to Snap Inc. Twenty twenty five Annual Stockholders Meeting. Atul Parwal, you may begin.Atul PorwalGood morning. My name is Atul Parwal, and I am Senior Associate General Counsel of Snap Inc. I am very happy to welcome you to the Snap Inc. Twenty twenty five Annual Stockholders Meeting. We've invited membe ...

Financial Data and Key Metrics Changes - The meeting confirmed the presence of approximately 231,626,943 shares of Class C common stock, representing over 99% of the voting power of the capital stock [3][4]. Business Lines Data and Key Metrics Changes - No specific financial data or key metrics related to individual business lines were discussed in the meeting [5]. Market Data and Key Metrics Changes - No specific market data or key metrics were provided during the meeting [5]. Company Strategy and Development Direction and Industry Competition - The company ratified the selection of Ernst and Young LLP as the independent registered accounting firm for the fiscal year ending December 31, 2025, indicating a focus on maintaining strong governance and oversight [4]. Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting [5]. Other Important Information - The annual meeting did not receive any questions from stockholders, indicating a lack of immediate concerns or inquiries from investors [5]. Summary of Q&A Session - There were no questions or answers during the annual meeting [5].