Workflow
Snap Hits 900 Million Users, Beats Q1 Estimates, But Stock Slides On 'Uncertainty'
SNAPSnap(SNAP) Benzinga·2025-04-30 04:35

Tech company and Snapchat parent Snap Inc SNAP reported first-quarter financial results after market close Tuesday.Here are the key highlights.What Happened: Snap reported first-quarter revenue of 1.36billion,up141.36 billion, up 14% year-over-year. The revenue total beat a Street consensus estimate of 1.35 billion according to data from Benzinga Pro.The company reported an adjusted loss of 8 cents per share, beating a Street consensus estimate of a loss of 13 cents per share.Snap had 460 million daily active users at th ...