Snap (SNAP) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.02 per share a year ago.
Ever volatile Snap shares fell 17% after market close as second quarter revenue growth was slower than it has been due in part to a mistake that made it cheaper than intended for advertisers to clear at auction. The company said its SVP of Engineering Eric Young is departing to pursue a new opportunity.
CNBC's Julia Boorstin joins 'Closing Bell: Overtime' to discuss Snap's Q2 earnings results.
Snap Inc (NYSE:SNAP) shares tumbled almost 15% after Tuesday's closing bell as the social media platform's second quarter earnings disappointed investors, with key metrics falling short of expectations. A loss per share of $0.16 was worse than the loss per share of $0.15 reported for the same period last year and earnings per share of $0.01 expected by Wall Street analysts.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Snap (SNAP), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2025.
Snap (NYSE:SNAP) is set to disclose its earnings on Tuesday, August 5, 2025. Throughout the last five years, Snap's stock has often responded unfavorably to earnings announcements.
SNAP eyes Q2 revenue growth as user gains and Direct Response ads offset rising AI-driven infrastructure costs.
Snap (SNAP) reached $9.33 at the closing of the latest trading day, reflecting a -3.72% change compared to its last close.
Snap (SNAP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
In the most recent trading session, Snap (SNAP) closed at $10.07, indicating a -2.71% shift from the previous trading day.
The latest trading day saw Snap (SNAP) settling at $9.91, representing a +2.59% change from its previous close.
In the latest trading session, Snap (SNAP) closed at $9.11, marking a -2.46% move from the previous day.