Snap Revenue Diversification Pays Off
Snap(SNAP) The Motley Fool·2025-02-04 22:36
Snap delivered better-than-expected earnings for Q4 2024 with substantial revenue and user growth, yet faces ongoing competitive challenges.Snap (SNAP 3.85%), the multimedia messaging platform company behind Snapchat, reported its earnings for the fourth quarter of 2024 on February 4, 2025. The company surpassed analyst expectations with a 14% year-over-year increase in revenue to $1.557 billion, beating the projected $1.547 billion. Its Non-GAAP Earnings Per Share (EPS) showed a remarkable improvement, ach ...