In a digital world where simplicity is king, Snap, the parent company of Snapchat, introduced a simplified version of Snapchat, organized into three main experiences: communicating with friends, using the camera, and viewing content. The redesign aims to elevate user engagement and discovery for creators. With about 10 million users, early results show positive impacts, particularly on Android devices, with increased content interaction. "We're definitely excited about the long-term opportunity of Simple Sn ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________ FORM 10-Q ______________________________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________to________ Commission File Number: 001-38017 _____ ...

Q3 2024 Earnings Slides October 29, 2024 Forward-Looking Statements & Non-GAAP Financial Measures This presentation contains forward-looking statements about us and our industry that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this presentation, including statements regarding guidance, our future results of operations or financial condition, future stock repurchase programs or stock dividends, business strategy and plans, user growth and ...

Snap (SNAP) came out with quarterly earnings of $0.08 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 60%. A quarter ago, it was expected that this company behind Snapchat would post earnings of $0.02 per share when it actually produced earnings of $0.02, delivering no surprise.Over the last four quarters, the company has sur ...

The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles in Los Angeles on Sept. 17, 2024. Snap reported better-than-expected third-quarter results on Tuesday, but issued light fourth-quarter guidance. The stock jumped more than 10% in extended trading. Here is how the company did: Earnings per share: 8 cents adjusted vs. 5 cents expected, according to LSEG Revenue: $1.37 billion vs. $1.36 billion expected, according to LSEG Global daily active users: 443 million vs. 441 m ...

Wall Street analysts forecast that Snap (SNAP) will report quarterly earnings of $0.05 per share in its upcoming release, pointing to a year-over-year increase of 150%. It is anticipated that revenues will amount to $1.35 billion, exhibiting an increase of 13.9% compared to the year-ago quarter. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projectio ...

Snap (SNAP) closed at $10.45 in the latest trading session, marking a +1.75% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.03%. Meanwhile, the Dow lost 0.61%, and the Nasdaq, a tech-heavy index, added 0.56%. Shares of the company behind Snapchat have depreciated by 2.75% over the course of the past month, underperforming the Computer and Technology sector's gain of 1.65% and the S&P 500's gain of 1.39%. The investment community will be closely monitoring the ...

Snap (SNAP) closed the latest trading day at $10.27, indicating a +1.18% change from the previous session's end. This change outpaced the S&P 500's 0.22% gain on the day. On the other hand, the Dow registered a loss of 0.33%, and the technology-centric Nasdaq increased by 0.76%.Prior to today's trading, shares of the company behind Snapchat had lost 4.15% over the past month. This has lagged the Computer and Technology sector's gain of 2.29% and the S&P 500's gain of 1.47% in that time.Analysts and investor ...

Snap (SNAP) is set to report third-quarter 2024 results on Oct. 29.For third-quarter 2024, Snap expects total revenues between $1.335 billion and $1.375 billion, implying year-over-year growth of 12-16%. Adjusted EBITDA is expected between $70 million and $100 million.The Zacks Consensus Estimate for revenues is currently pegged at $1.35 billion, indicating a 13.9% increase from the year-ago quarter’s reported figure.The consensus mark for earnings has remained unchanged at 5 cents per share in the past 30 ...

Snapchat (NYSE: SNAP ) will report earnings on October 29th. I'm initiating it with a buy before earnings. Despite the soft revenue guidance for Q3, further exacerbating what I'd call shaky investor confidence with an over 18% dip afterI’m a retired Wall Street PM specializing in TMT; my educational background is a bachelor's in Finance and Economics, and an MBA from Columbia, after which I directly began my career on Wall Street. Since kickstarting my career, I’ve spent over two decades in the market navig ...