Snap Evan Spiegel CEO speaks during the Semaor World Economy Summit 2025 in Conrad Washington on April 23, 2025 in Washington, DC.
Kayla Bartkowski | Getty images
Instant Tuesday revenues better than expected in the first quarter, but refused to provide advice, citing macroeconomic uncertainties that could weigh on advertising request.
The shares have dropped by more than 11% of trade after the opening hours.
Here’s how the company compared to the expectations of Wall Street:
- Profit by action: Loss of 8 cents. This figure is not comparable to the estimates of analysts.
- Income: $ 1.36 billion against $ 1.35 billion expected, according to LSEG
- World daily active users: 460 million against 459 million expected, according to Streetaccount
- Average world income by user: $ 2.96 against $ 2.93 expected, according to Streetaccount
Snap did not offer prospects for the second quarter, citing the uncertainties surrounding “how macroelectric economic conditions can evolve in the coming months, and how it can have an impact on advertising demand more widely”.
Analysts expected $ 1.39 billion in income directives in the second quarter. The company said that it expects daily active users to be near the middle of its second quarter for 468 million.
“Although our front -line income continued to grow, we have experienced opposite winds to start the current quarter, and we believe that it is prudent to continue to balance our level of investment with growth in income,” the company told investors.
Like many technological companies, SNAP is faced with a turbulent macro configuration while it is struggling with the evolving commercial plans of President Donald Trump. Many fear that the uncertainty of global trade will lead companies to a decrease in advice or to retreat by passing this season from profits.
Snap has cited potential constraints on advertising demand as a reason to keep advice. Advertising revenues for the period increased by 9% from one year to the next to reach $ 1.21 billion. This growth came mainly from direct response advertising. The company also said that brand advertising revenues had dropped 3% compared to a year ago.
The company is not alone. Last Thursday, Alphabet announced sales in the first quarter of $ 90.23 billion, which exceeded the expectations of Wall Street, but the leaders told analysts that the company could discover winds contrary to its online advertising activities in the Asia-Pacific region.
SNAP lowered its operating expense range adjusted in full year between $ 2.65 billion and $ 2.70 billion, compared to $ 2.70 billion to $ 2.75 billion. The company has also revised its full -year costs guidelines for down -based remuneration to $ 1.13 billion and $ 1.16 billion, from $ 1.15 billion to $ 1.20 billion.
SNAP first quarter sales jumped 14% to $ 1.36 billion, compared to $ 1.19 billion in the previous year. The company declared a net loss of around 140 million dollars, or 8 hundred per share. This reduced 54% compared to around $ 305 million, or 19 cents, during the previous period. The adjusted Baiia came to $ 108 million, exceeding an estimate of $ 64 million in Streetaccount.
The company has attributed the loss of 8 cents to a charge of $ 70.1 million linked to cash dismissal, the costs of remuneration in shares and other costs associated with a restructuring of 2024. “These charges do not reflect the underlying trends of our company,” said the company.
Snap posted 460 million daily active users during the period, against 453 million in the previous quarter. The company also said it has reached 900 million active users per month, compared to 850 million in August, the last time Snap provided this statistics.
Meta reports his latest winnings on Wednesday, followed by Reddit Thursday and Pinterest May 8.
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