Profile
Sector:
Communication ServicesIndustry:
Internet Content & InformationCountry:
United StatesIPO:
02 March 2017Website:
http://www.snap.comNext earnings report:
N/ALast dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:59:52 GMTDividend
Analysts recommendations
Institutional Ownership
SNAP Latest News
The social media company is developing technology to make its platform more engaging.
Snap just delivered a strong set of quarterly financial results.
Reporting Q3 results on Wednesday, Meta Platforms (META) and Snap (SNAP) exceeded top and bottom line expectations but the social media leaders saw their stocks dip in today's trading session.
Snap Inc SNAP shares climbed on Wednesday after the company reported upbeat third-quarter results.
Shares of Snap (SNAP) jumped Wednesday after the social media company posted better-than-anticipated results and announced a stock buyback.
SNAP's third-quarter 2024 results reflect steady user growth and an increase in Snapchat+ users, driven by continued demand for Spotlight and AR Lens.
Social media platform Snap Inc (NYSE:SNAP) shares are expected to rally more than 11% when US markets open today after third-quarter results highlighted strong active user and revenue growth. Year-on-year revenue surged 15% to $1.4 billion, with daily active users increasing 9% to 443 million.
Snap's stock rose 10% after its third-quarter revenue beat Wall Street expectations. Snap's revenue grew 15% to $1.37 billion, surpassing analyst estimates of $1.36 billion.
While the top- and bottom-line numbers for Snap (SNAP) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Snap Inc. (NYSE:SNAP ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants David Ometer - Head, Investor Relations Evan Spiegel - Chief Executive Officer & Co-Founder Derek Andersen - Chief Financial Officer Conference Call Participants Dan Salmon - New Street Research Rich Greenfield - LightShed Partners Justin Post - Bank of America Ken Gawrelski - Wells Fargo James Heaney - Jefferies Shweta Khajuria - Wolfe Research Ross Sandler - Barclays Operator Good afternoon, everyone, and welcome to Snap Inc.'s Third Quarter 2024 Earnings Conference Call. At this time, participants are in a listen-only mode.
What type of business is Snap?
Snap Inc. is a company that offers a camera application. The company's flagship product, Snapchat, is a camera application that helps people communicate through short videos and images known as Snaps. The company offers options such as Camera, Friends Page, Discover, Snap Map, Memories, and Spectacles. When opening the Snapchat application, the camera functionality is activated, helping users take a Snap and send it to their friends. The application offers a variety of creative tools that allow people to personalize and add content to their photos. The Memories feature allows users to create images and stories based on saved snaps and camera gallery. The company also offers Spectacles - sunglasses that allow users to take Snap photos. Snap Inc. was founded in 2010 and is headquartered in Santa Monica, California.
What sector is Snap in?
Snap is in the Communication Services sector
What industry is Snap in?
Snap is in the Internet Content & Information industry
What country is Snap from?
Snap is headquartered in United States
When did Snap go public?
Snap initial public offering (IPO) was on 02 March 2017
What is Snap website?
https://www.snap.com
Is Snap in the S&P 500?
No, Snap is not included in the S&P 500 index
Is Snap in the NASDAQ 100?
No, Snap is not included in the NASDAQ 100 index
Is Snap in the Dow Jones?
No, Snap is not included in the Dow Jones index
When was Snap the previous earnings report?
No data
When does Snap earnings report?
Next earnings report date is not announced yet