Snap Inc reported its first-quarter results, revealing a 14% increase in revenue to $1.36 billion, slightly above expectations. However, the company did not provide guidance for the second quarter, citing challenges due to adverse trends affecting advertisers. Analysts have cut price targets amid uncertainty regarding regional market weaknesses, particularly in areas like Europe and the Rest of the World (RoW). Despite better-than-expected EBITDA driven by operational efficiencies, concerns persist around Snap's ability to maintain market share in a challenging macroeconomic environment.
Snap's revenue increased by 14% year-over-year to $1.36 billion in Q1 2025, surpassing Wall Street estimates despite a looming headwind for Q2 guidance.
The company's adjusted loss of 8 cents per share was better than the expected loss of 13 cents per share, but regional weaknesses in RoW and Europe persisted.
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