Snap (SNAP) reported fourth-quarter 2023 earnings of 8 cents per share, which beat the Zacks Consensus Estimate by 14.29% but declined 42.9% year over year.Revenues increased 4.7% year over year to $1.36 billion and missed the Zacks Consensus Estimate by 1.84%. The top-line growth was driven by the company’s focus on investing in direct-response business to deliver increased return on ad spend for advertising partners.The brand-oriented advertising business declined 3% year over year, while the direct-respo ...

MoffettNathanson analyst Michael Nathanson didn’t mince words in recapping Snap Inc.’s disappointing earnings report and subsequent Wednesday stock plunge. “Covering Snap might be one of the least enjoyable experiences inour careers as analysts,” he wrote. “Right up there with the years we spentcovering Twitter… and that is saying something.”That view isn’t a reflection on Snap’s SNAP, -33.09% management team or financial disclosures, according to Nathanson, but rather indicative of what he sees as confusin ...

Snap公司财报及股价 - Snap公司股价在周三早盘暴跌30%，原因是错过了收入预期并在财季第四季度财报中发布了轻微的指引[2] - Snap公司报告的收入为13.6亿美元，略低于分析师预期的13.8亿美元，调整后的每股收益为8美分，超过分析师预期的6美分[4] - Snap公司连续第六个季度出现单位数增长或销售下滑，预计其增长将在第一季度加速，但不及分析师预期[5] 分析师评级及展望 - 摩根士丹利的分析师维持了对Snap的低配评级，并将其价格目标下调至11美元，认为公司的广告复苏速度比预期慢，参与度低[6] - 巴克莱分析师在财报后保持乐观，维持对该股的超配评级和15美元的价格目标，认为“买入低点似乎令人担忧，但可能是正确的做法”[8] - 摩根大通分析师重申了对Snap股票的低配评级，将价格目标从9美元上调至11美元，表示需要在公司第四季度财报和第一季度展望中反映的“波动复苏”中实现更强的参与度和广告平台增长[8] 公司展望及挑战 - Snap表示中东冲突对其四季度的年度增长造成了约2个百分点的不利影响[7] - Snap股票的极端波动将使许多人保持距离，公司需要继续展示其能够推动改善执行[9]

Snap (NYSE:SNAP) stock is falling on Wednesday as investors react to the social media company’s earnings report for the fourth quarter of 2023.The news sending SNAP shares lower today includes the company’s revenue of $1.36 billion in Q4. That’s below Wall Street’s estimate of $1.38 billion in revenue for the period. Even if it’s a 5% increase year-over-year from the company’s previous revenue of $1.3 billion.Also not helping SNAP stock is the company’s adjusted earnings per share of 8 cents. That’s despite ...

Key TakeawaysSnap shares plunged after the company missed analysts' quarterly sales expectations and issued a weaker-than-anticipated outlook for the current quarter amid slower digital advertising revenue caused by the Middle East conflict.The company's Snapchat+ subscription service added 2 million subscribers during the quarter, taking its total paid user count to 7 million.Snap shares find a confluence of support around $12 from a multi-month horizontal trendline and the 200-day moving average. Snap I ...

SANTA MONICA, Calif.--(BUSINESS WIRE)--Snap Inc. (NYSE: SNAP) has filed its Annual Report on Form 10-K for the year ended December 31, 2023, with the Securities and Exchange Commission. The report, which includes Snap Inc.’s audited financial statements, is accessible at investor.snap.com. A printed copy of the report may be requested free of charge by any stockholder by requesting a copy in writing to: Corporate Secretary, Snap Inc., 3000 31st Street, Santa Monica, California, 90405 USA. The report is als ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Shares in social media company Snap, which runs the youth-focused Snapchat, plummeted on Tuesday after the company posted disappointing earnings. Snap's stock plunged by as much as 30 percent in after hours trading after the company said revenue in the final quarter of 2023 rose by five perce ...

Shares in Snap Inc (NYSE:SNAP) dropped 30% in after-hours trading after its Q4 revenue growth of just 5% to $1.36 billion fell short of Wall Street's $1.38 billion expectation, signaling a struggle in the digital advertising market. The company's challenges have been amplified by stiff competition from giants like Meta and the impact of Apple's privacy changes. Despite narrowing its net losses to $248 million from $288 million year-over-year and making strides in machine learning for advertising, Snap faces ...

业绩总结 - 2023年第四季度，Snap的营收同比增长5%，达到了13.61亿美元[1] - 2023年第四季度，Snap的调整后EBITDA为1.59亿美元，自由现金流为1.11亿美元[2] - 2023年基础设施成本增加了1亿美元[11] - Q4中营销成本低于预期[11] 用户数据 - 2023年第四季度，Snap的月活跃用户同比增长超过8%，达到了8亿人次[1] - 2023年第四季度，Snap的日活跃用户同比增长10%，达到了4.14亿人次[1] - Snapchat Plus在第四季度达到了超过700万的订阅用户[14] 未来展望 - Snap计划通过三项举措来实现长期成功：进一步发展机器学习模型、统一内容体验、加强在北美和欧洲等地区的用户增长和深度参与[2] - Snap计划在2024年第一季度裁员约10%，以支持公司的重点增长[2] - Snapchat在过去几年主要关注Android产品和新兴市场的增长，未来将更多地投资于iOS和在北美和欧洲增长用户和深化参与度[6] 新产品和新技术研发 - Snap计划将Spotlight和Stories的体验统一，以提高用户体验和广告库存[4] - MyAI有助于收集更多意图数据，成为模型的另一个输入[14] 市场扩张和并购 - Snapchat在过去18个月内回购了近12亿美元的股票[13] 其他新策略 - Snap已经完成了对品牌安全的第三方审核，Spotlight和Snapstars等内容的品牌安全率接近100%[4] - Snapchat在广告平台和市场方面取得了重大改进，预计能够实现收入增长的加速[8]

Snap (SNAP) reported $1.36 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 4.7%. EPS of $0.08 for the same period compares to $0.14 a year ago.The reported revenue represents a surprise of -1.83% over the Zacks Consensus Estimate of $1.39 billion. With the consensus EPS estimate being $0.07, the EPS surprise was +14.29%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expe ...